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Nine commercial banks announce dividends; who is giving how much?
So far, nine commercial banks have announced dividends to shareholders from the profit of fiscal year 2082/83. Siddhartha Bank has announced the highest dividend of 20 percent, while Kumari Bank has declared the lowest cash dividend of 2.1053 percent.
October 17, 20261 min read7 views
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Kathmandu. So far, nine commercial banks have announced dividend distribution to shareholders from the profit of fiscal year 2082/83. These banks have proposed bonus shares and cash dividends from the distributable profit of the last fiscal year.
The banks that have announced dividends include Siddhartha Bank, Kumari Bank, Citizens Bank, Machhapuchchhre Bank, Nabil Bank, Global IME Bank, Sanima Bank, NMB Bank, and Everest Bank.
- Nabil Bank: Announced a total dividend of 15.80 percent (5% bonus and 10.80% cash). The bonus shares amount to NPR 1 arba 35 crore 28 lakh 49 thousand 836.46 and cash dividend to NPR 2 arba 92 crore 21 lakh 55 thousand 646.76 (including tax). Annual general meeting completed.
- Everest Bank: Announced a 15 percent dividend on current paid-up capital of NPR 13 arba 72 crore 13 lakh 75 thousand 924 (5% bonus and 10% cash, including tax). AGM completed.
- Sanima Bank: Announced a 10 percent cash dividend (including tax) on current paid-up capital of NPR 13 arba 58 crore 15 lakh 25 thousand. AGM completed.
- Global IME Bank: Announced a total 10 percent dividend (4% bonus and 6% cash, including tax). AGM completed.
- Siddhartha Bank: Announced a total 20 percent dividend on current paid-up capital of NPR 14 arba 79 crore 44 lakh 79 thousand 195. This includes 10% bonus shares (NPR 1 arba 47 crore 94 lakh 47 thousand 920) and 10% cash dividend (same amount, including tax). 25th AGM completed.
- Kumari Bank: Announced a 2.1053 percent cash dividend amounting to NPR 55 crore 21 lakh 23 thousand 396.63 (including tax) on current paid-up capital. 26th AGM completed.