Citizens Bank Proposes 4.21 Percent Dividend from FY 2080/81
September 24, 2024 | Investopaper
Citizens Bank International Limited (CZBIL) has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2080/81.
The board of directors’ meeting held on Ashwin 7, 2081 BS has proposed a 4.21 percent dividend. The total dividend includes 4 percent bonus share and a 0.21 percent cash dividend (for tax purposes). The dividend amounts to Rs. 59.78 crores.
The bank will distribute the dividend after approval from Nepal Rastra Bank and the upcoming Annual General Meeting (AGM).
From the previous fiscal year 2079/80, Citizens Bank had distributed a 5.79 percent cash dividend to the shareholders.
As of Ashad’s end 2081 BS, Citizens Bank International has a paid-up capital of Rs. 14.20 Arba.
Suggested Readings:
Dividend History Of Citizens Bank International (CZBIL)
Citizens Bank International Performance In Fiscal Year 2079/80