September 23, 2022 | Investopaper
Nepal Infrastructure Bank Limited (NIFRA) will distribute a 4.2105 percent dividend to the shareholders. The dividend announcement is from the fiscal year 2078/79.
The total dividend includes a 4.2105 percent cash dividend (including for tax purposes).
The dividend is subject to approval from Nepal Rastra Bank and the upcoming Annual General Meeting (AGM).
As of Ashad’s end 2079 BS, Nepal Infrastructure Bank has a paid-up capital of Rs 21.60 Arba. Hence, the total cash dividend amounts to Rs 90.94 crores.
From the previous fiscal year 2077/78, the bank had distributed an 8.42 percent cash dividend.