8 Commercial Banks Announce Dividends for FY 2082/83, Who Declared How Much?
So far, 8 commercial banks have announced dividends for the fiscal year 2082/83. Nabil, Everest, Sanima, Global IME, Siddhartha, Kumari, Citizens, and Machhapuchchhre banks have proposed bonus and cash dividends to their shareholders from the previous fiscal year's profits.
Kathmandu. So far, 8 commercial banks have announced dividends for the fiscal year 2082/83. These banks have declared dividends to be distributed to their shareholders from the profits of the previous fiscal year.
The banks that have announced dividends so far include Siddhartha Bank, Kumari Bank, Citizens Bank, Machhapuchchhre Bank, Nabil Bank, Global IME Bank, Sanima Bank, and Everest Bank.
Nabil Bank has decided to distribute a total of 15.80 percent dividend to its shareholders from the distributable profit of fiscal year 2082/83. The bank has proposed to distribute 15.80 percent dividend, comprising 5 percent bonus shares and 10.80 percent cash dividend. The total amount for the proposed bonus shares is Rs 1 arba 35 crore 28 lakh 49 thousand 836.46, and for cash dividend, it is Rs 2 arba 92 crore 21 lakh 55 thousand 646.76. The amount includes taxes applicable to bonus shares and cash dividend. The bank has already closed its books. The bank has decided to hold its 42nd Annual General Meeting on Ashwin 22. The meeting will start at 9:30 AM at the Army Officers Club in Bhadrakali, Kathmandu.
Everest Bank has decided to distribute a total of 15 percent dividend on its current paid-up capital of Rs 13 arba 72 crore 13 lakh 75 thousand 924 for fiscal year 2082/83. This includes 5 percent bonus shares and 10 percent cash dividend (including tax on bonus shares). The bank has already completed its AGM.
Sanima Bank has decided to distribute a 10 percent cash dividend (including tax) to its shareholders from the profit of the previous fiscal year on its current paid-up capital. The company's current paid-up capital is Rs 13 arba 58 crore 15 lakh 25 thousand. The bank has already completed its AGM.
Global IME Bank has decided to distribute a total of 10 percent dividend on its current paid-up capital for fiscal year 2082/83. This includes 4 percent bonus shares and 6 percent cash dividend (including tax). The bank has already completed its AGM.
Siddhartha Bank is set to distribute a total of 20 percent dividend on its current paid-up capital of Rs 14 arba 79 crore 44 lakh 79 thousand 195 for the previous fiscal year 2082/83. This includes 10 percent bonus shares amounting to Rs 1 arba 47 crore 94 lakh 47 thousand 920 and 10 percent cash dividend amounting to Rs 1 arba 47 crore 94 lakh 47 thousand 920 (including tax).
The bank has already closed its books. To pass the proposal, the bank has decided to hold its 25th Annual General Meeting on Ashwin 28. The meeting will start at 9 AM at the Army Officers Club in Bhadrakali, Kathmandu.
Kumari Bank is set to distribute a 2.1053 percent cash dividend (including tax) amounting to Rs 55 crore 21 lakh 23 thousand 396.63 to its shareholders from the distributable amount for the previous fiscal year 2082/83 on its current paid-up capital. The bank has decided to hold its 26th Annual General Meeting on Ashwin 28. The meeting will start at 11 AM at Silver Oak Banquet and Events in Sulbarn Shamsher Road, Kathmandu. The bank has decided to close its books on Ashwin 19 for dividend and AGM purposes.
Citizens Bank is set to distribute a total of 4 percent dividend to its shareholders for the previous fiscal year 2082/83 on its current paid-up capital. This includes 3.80 percent bonus shares and 0.20 percent cash dividend for tax purposes. The bank has decided to hold its 20th Annual General Meeting on Ashwin 28. The meeting will start at 11 AM at Amritbhog in Dillibazar, Kathmandu. The bank has decided to close its books on Ashwin 19 for dividend and AGM purposes.
Machhapuchchhre Bank is set to distribute a total of 6 percent dividend from the proposed distributable profit for the previous fiscal year 2082/83 on its current paid-up capital. This includes 3 percent bonus shares amounting to Rs 36 crore 25 lakh 86 thousand 347 and 3 percent cash dividend amounting to Rs 36 crore 25 lakh 86 thousand 347 (including tax).
The bank has decided to hold its 28th Annual General Meeting on Ashwin 28. The meeting will start at 11 AM at Hotel Pokhara Grand in Pardi, Pokhara. The bank has already closed its books.