September 24, 2021 | Investopaper
Sanima Bank Limited has announced a dividend to the shareholders. The dividend declaration is from the profit of the fiscal year 2077/78.
The board meeting of the bank held on Ashwin 6, 2078 BS has proposed a 17.8947 percent dividend. The total dividend includes a 17 percent bonus share and a 0.8947 percent cash dividend (for tax purposes).
After the approval from Nepal Rastra Bank and the upcoming AGM, Sanima Bank will distribute the declared dividend.
From the previous fiscal year 2076/77, the bank had distributed a 13.60 percent dividend including a 10 percent bonus share and 3.60 percent cash dividend.
As of Ashad’s end 2078 BS, Sanima Bank has a paid-up capital of Rs. 9.68 Arba. After the adjustment of the 17 percent bonus share, the capital will rise to Rs 11.32 Arba.