Agricultural Development Bank (ADBL) to Skip Dividend from FY 2079/80

February 11, 2024 | Investopaper

Agricultural Development Bank Limited (ADBL) has informed about the dividend to the shareholders. The dividend decision is from the fiscal year 2079/80.

The board meeting of the bank has decided to retain all the profit from the fiscal year 2079/80 and skip the dividend.

The bank has sent the financial statements to Nepal Rastra Bank for approval after which it will convene the Annual General Meeting (AGM).

From the previous fiscal year 2078/79, ADBL had distributed a 13 percent dividend, including a 2 percent bonus share and an 11 percent cash dividend.

Suggested Readings:

Dividend History Of Agricultural Development Bank (ADBL)


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