Nepal Bank to Skip Dividend from FY 2079/80

December 21, 2023 | Investopaper

Nepal Bank Limited (NBL) has informed about the dividend to the shareholders. The dividend decision is from the fiscal year 2079/80.

The board meeting of the bank has decided to retain all the profit from the fiscal year 2079/80 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).

As of Ashad’s end 2080 BS, Nepal Bank has a paid-up capital of Rs 14.69 Arba.

From the previous fiscal year  2078/79, Nepal Bank had provided a 12 percent dividend, including a 2 percent bonus share and a 10 percent cash dividend.


Recommended:

Dividend History Of Nepal Bank Limited (NBL)

Dividend Announcement By Commercial Banks Of Nepal

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One thought on “Nepal Bank to Skip Dividend from FY 2079/80

  • May 29, 2023 at 5:31 am
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    Has 10% cash dividend come in your account for the year 2078/2079.?

    Reply

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