Nabil Bank distributed 230 percent dividend in last 5 years. How much will the bank announce this year?
September 24, 2019 | Investopaper
Nabil Bank, one of the leading commercial banks of Nepal, has yet to announce the dividend of the fiscal year 2075/76. The bank is the top profit earner among the private banks of Nepal. Nabil Bank netted the profit of Rs. 4.29 Arba in the fiscal year 2075/76.
Similarly, the bank has accumulated the distributable profit of Rs. 3.18 Arba. At current capital of Rs. 9.01 Arba, the bank has a dividend-paying capacity of 35 percent. We expect the bank to provide 30-35 percent dividend this year. As per our expectation, Nabil Bank will provide a 15 percent bonus share and 20 percent cash dividend to the shareholders.
The bank has distributed almost 230 percent in dividends in the last 5 fiscal years. The dividend distribution is shown in the table below:
Fiscal Year | Bonus share(%) | Cash dividend(%) | Total dividend(%) |
2070/71 | 20 | 45 | 65 |
2071/72 | 30 | 6.84 | 36.84 |
2072/73 | 30 | 15 | 45 |
2073/74 | 30 | 18 | 48 |
2074/75 | 12 | 22 | 34 |
How much will Nabil Bank announce in dividend this year? Share your views and let us know what investors expect from the bank.
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Exclusive Financial Analysis of Nabil Bank
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