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Citizens Bank announces 4 percent dividend, bonus shares at 3.80 percent
Citizens Bank has announced a total dividend of 4 percent to shareholders from the profits of the last fiscal year. This includes 3.80 percent bonus shares and 0.20 percent cash dividend for tax purposes.
September 16, 20261 min read1 views
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Kathmandu — Citizens Bank has announced a dividend of 4 percent to shareholders from the profits of the last fiscal year.
The proposal was made by the bank's 521st Board of Directors meeting held on Bhadra 31.
According to the bank, the dividend structure based on total paid-up capital is as follows:
- 3.80 percent bonus shares
- 0.20 percent cash dividend (for tax purposes)
This proposal must now be approved by Nepal Rastra Bank and endorsed by the upcoming general assembly. Shareholders will receive the dividend only after approval is granted.