Dividend Announcement By Development Banks Of Nepal

January 18, 2023 | Investopaper

The table below presents the dividend announced by the development banks (so far) listed on the Nepal Stock Exchange (NEPSE). The dividend declaration is from the fiscal year 2078/79

Dividend Announcement By Development Banks In Nepal- FY 2078/79

SN Name  Symbol  Bonus Share (%) Cash Dividend(%) Total Dividend(%)
1 Corporate Development Bank Limited CORBL 5 0.26 5.26
2 Excel Development Bank Ltd. EDBL
3 Garima Bikas Bank Limited GBBL 13 1.5 14.5
4 Green Development Bank Ltd. GRDBL
5 Jyoti Bikas Bank Limited JBBL 3 3.8 6.8
6 Kamana Sewa Bikas Bank Limited KSBBL
7 Karnali Development Bank Limited KRBL
8 Lumbini Bikas Bank Ltd. LBBL 3 9 12
9 Mahalaxmi Bikas Bank Ltd. MLBL 4 6.47 10.47
10 Miteri Development Bank Limited MDB 12.35 0.65 13
11 Muktinath Bikas Bank Ltd. MNBBL 13.5 0.7105 14.2105
12 Narayani Development Bank Limited NABBC
13 Saptakoshi Development Bank Ltd SAPDBL
14 Shangrila Development Bank Ltd. SADBL
15 Shine Resunga Development Bank Ltd. SHINE 13.3 0.7 14
16 Sindhu Bikash Bank Ltd SINDU 0 0 0

Dividend Announcement By Development Banks In Nepal- FY 2077/78

S.N. Name Symbol Bonus Share (%) Cash Dividend (%) Total Dividend (%)
1 Excel Development Bank Limited EDBL 8.5 0.45 8.95
2 Garima Bikas Bank Limited GBBL 16 0 16
3 Jyoti Bikash Bank Limited JBBL 11 4.5 15.5
4 Kamana Sewa Bikas Bank Limited KSBBL 18.5 0.97 19.47
5 Lumbini Bikas Bank Limited LBBL 13 0.6842 13.6842
6 Mahalaxmi Bikas Bank Limited MLBL 20 1.0526 21.0526
7 Miteri Development Bank Limited MDB 13.3 0.7 14
8 Muktinath Bikas Bank Limited MNBBL 17.575 0.925 18.5
9 Shangrila Development Bank Limited SADBL 10 0.5263 10.5263
10 Shine Resunga Development Bank Limited SHINE 10.93 0.57 11.5

Dividend Announcement By Development Banks In Nepal- FY 2076/77

S.N. Development Bank Stock Symbol Bonus Share (%) Cash Dividend (%) Total Dividend (%)
1 Garima Bikas Bank Limited GBBL 13.5 0.71 14.21
2 Green Development Bank Limited GRDBL 4.85 0.26 5.11
3 Jyoti Bikash Bank Limited JBBL 10 0 10
4 Kamana Sewa Bikas Bank Limited KSBBL 4.4 0.23 4.63
5 Lumbini Bikas Bank Limited LBBL 7 3 10
6 Mahalaxmi Bikas Bank Limited MLBL 9 0.26 9.26
7 Miteri Development Bank Limited MDB 15 0.79 15.79
8 Muktinath Bikas Bank Limited MNBBL 11.25 4.26 15.51
9 Shine Resunga Development Bank Limited SHINE 13 0 13
10 Tinau Mission Development Bank Limited TMDBL 6 0 6

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