Himalayan Bank to Skip Dividend from FY 2080/81
December 17, 2024 | Investopaper
Himalayan Bank Limited (HBL) has informed about the dividend to the shareholders. The dividend decision is from the fiscal year 2080/81.
The board meeting of the bank has decided to retain all the profit from the fiscal year 2080/81 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 2079/80 as well, HBL didn’t provide any dividend to the shareholders. However, from the fiscal year 2078/79, the bank had distributed a 19.11 percent dividend, including an 8 percent bonus share and a 11.11 percent cash dividend.
As of Ashad end’s 2081 BS, Himalayan Bank has a paid-up capital of Rs 21.65 Arba.
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