For FY 2079–2080, Nepal SBI Bank proposes a 10.55% dividend; how much in cash and bonus shares will be awarded?
For the fiscal year 2079–2080, Nepal SBI Bank Limited (SBI) has suggested a dividend of 10.55%.
At its 506th meeting, the board of directors resolved to pay out a 10.55% dividend on the Rs. 10.12 Arba paid-up capital on Mangsir 01, 2080. Proposed are 6.8% cash dividend (including tax) and 3.75% bonus shares.
Only after receiving approval from the central bank and the company's forthcoming 30th AGM will the dividend be disbursed.