Standard Chartered Bank Proposes 16% Cash Dividend for FY 2082/83

Summary

Standard Chartered Bank Limited has proposed a 16% cash dividend for fiscal year 2082/83, subject to approval from Nepal Rastra Bank and endorsement at its upcoming annual general meeting. The bank’s paid-up capital stands at Rs. 10.04 arba, and its last traded price is Rs. 676.00.

Key Points
  • Standard Chartered Bank Limited has proposed a 16% cash dividend for fiscal year 2082/83.
  • The proposal was approved at the bank’s 494th Board of Directors meeting held on Kartik 09.
  • The dividend will be distributed only after approval from Nepal Rastra Bank and endorsement by the upcoming AGM.
  • The bank’s paid-up capital is Rs. 10.04 arba, and its last traded price stands at Rs. 676.00.
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