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Nabil Bank: 10% Cash Dividend Proposed

Alblag News Sunday, November 03, 2024
A Logo from Nabil Bank Limited
Nabil Bank Logo

Nabil Bank Limited, a commercial bank in Nepal, has announced its intention to distribute a 10% cash dividend (including tax) for the fiscal year 2080/81 (ending Ashadh 2081. This decision was made by the bank's 668th Board Meeting held on 29 October 2024.

The proposed dividend will be subject to the approval of the Nepal Rastra Bank (NRB) and the bank's upcoming annual general meeting (AGM). If approved, the dividend will be paid to shareholders on a per-share basis of Rs. 10 (including tax).

A formal letter from Nabil Bank to Nepal Stock Exchange announcing a 10% cash dividend declaration for the fiscal year 2080/81. The letter details the proposed dividend, which will be paid after approval from Nepal Rastra Bank. The letter is written in Nepali language and is signed by Bishnu Prasad Pandey, Company Secretary.
Nabil Bank's Official Notice 

Key Points from Notice:

  • Dividend Type: Cash Dividend
  • Dividend Rate: 10%
  • Dividend Amount per Share: Rs. 10 (including tax)
  • Subject to Approval: Nepal Rastra Bank and AGM approval.
A table showing the dividend history of Nabil Bank from the fiscal year 2071/2072 to 2080/2081. The table includes columns for the fiscal year, bonus percentage, cash percentage, total dividend percentage, book closure date, distribution date, and bonus listing date. The most recent dividend declared is a 10% cash dividend for the fiscal year 2080/2081.
Nabil Bank dividend History from FY 2071/72 to FY 2080/81

About Nabil Bank Limited

Nabil Bank is a leading commercial bank in Nepal with a strong focus on corporate and institutional banking. The bank offers a range of services, including deposits, loans, trade finance, and investment banking. Nabil Bank has a wide network of branches and ATNs across Nepal.

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