December 20, 2022 | Investopaper
Himalayan Bank Limited (HBL) has proposed the dividend to the shareholders. The dividend announcement is from the fiscal year 2078/79.
The bank has declared a 19.11 percent dividend. The total dividend includes an 8 percent bonus share and an 11.11 percent cash dividend.
The dividend is subject to approval from Nepal Rastra Bank and the upcoming Annual General Meeting (AGM).
From the previous fiscal year 2077/78, the bank had distributed a 26 percent dividend, including a 21.38 percent bonus share and a 4.62 percent cash dividend.