Green Development Bank Proposes 6.05 Percent Dividend
December 18, 2024 | Investopaper
Green Development Bank Limited (GRDBL) has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2080/81.
The development bank has proposed a 6.0527 percent dividend. The total dividend includes a 5.75 percent bonus share and a 0.3027 percent cash dividend (for tax purposes).
As of Ashad’s end 2081 BS, Green Development Bank has paid-up capital of Rs 53.87 crores. At this capital, the bonus share is worth Rs 3.09 crores while the cash dividend amounts to Rs 16.30 lakhs.
The dividend is subject to approval from Nepal Rastra Bank and the upcoming Annual General Meeting (AGM).
Related: Dividend Announcement By Development Banks Of Nepal
