Garima Bikas Bank Proposes 10.53% Dividend for FY 2081/82

Summary

Garima Bikas Bank Limited has proposed a 10.53% dividend for fiscal year 2081/82, comprising 6% bonus shares and 4.53% cash dividend, pending NRB and AGM approval.

Key Points
  • Garima Bikas Bank Limited announced a 10.53% dividend proposal for fiscal year 2081/82.
  • The dividend includes 6% bonus shares and 4.53% cash dividend from accumulated profits.
  • The proposal awaits approval from Nepal Rastra Bank and endorsement from the bank’s 19th AGM.
  • The bank’s paid-up capital will increase from Rs. 5.68 Arba to approximately Rs. 6.02 Arba after bonus share distribution.
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