Citizens Bank Proposes 9 Percent Dividend From FY 2078/79

September 23, 2021 | Investopaper

Citizens Bank International Limited (CZBIL) has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2078/79.

The board of directors’ meeting held on Ashwin 6, 2079 BS has proposed a 9 percent dividend. The total dividend will be in the form of cash (including for tax purposes). The dividend amounts to Rs. 1.27 Arba

The bank will distribute the dividend after approval from Nepal Rastra Bank and the upcoming Annual General Meeting (AGM).

From the previous fiscal year 2077/78, Citizens Bank had distributed a 16 percent dividend including a 12.913 percent bonus share and 12.913 percent cash dividend.

As of Ashad’s end 2079 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 2078/79

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