Nepal Investment Mega Bank to Skip Dividend from FY 2079/80

February 2, 2024 | Investopaper

Nepal Investment Mega Bank Limited (NIBL) 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 Investment Mega Bank has a paid-up capital of Rs 34.12 Arba.

From the previous fiscal year 2078/79, the bank had distributed an 11 percent dividend, including a 4 percent bonus share and a 7 percent cash dividend.


Suggested Readings:

Dividend History Of Nepal Investment Bank Limited (NIBL)

Investopaper

Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

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

  • December 10, 2018 at 5:37 am
    Permalink

    Good news for Investors, progress of NIB is continuous manner.

    Reply

Leave a Reply

Your email address will not be published.

error: Content is protected !!