For FY 2079–2080, Nabil Bank proposes an 11% cash dividend.

For FY 2079–2080, Nabil Bank proposes an 11% cash dividend.

For the fiscal year 2079–2080, Nabil Bank Limited (NABIL) has suggested paying out an 11% cash dividend.

The board of directors decided to distribute the dividend on the paid-up capital of Rs. 27.05 Arba at its 644th meeting, which was held on Mangsir 07, 2080. A proposed cash dividend of 11% (tax included) has been made.

Only after receiving approval from the central bank and the company's upcoming AGM will the dividend be disbursed. NABIL has an LTP of Rs. 561 as of this writing. The bank has never before declared a dividend to its shareholders that is this low.