October 14, 2020 | Investopaper
Sanima Bank has announced dividend to the shareholders. The dividend declaration is from the profit of the fiscal year 2076/77.
The board meeting of the bank held on Ashwin 27, 2077 has proposed a 13.60 percent dividend. The total dividend includes a 10 percent bonus share and 3.60 percent cash dividend.
After the approval from Nepal Rastra Bank and the upcoming AGM, Sanima Bank will distribute the declared dividend.
From the previous fiscal year 2075/76, the bank had distributed 21.0526 percent dividend including a 10 percent bonus share and 11.0526 percent cash dividend.
As of Ashad end 2077, Sanima Bank has a paid-up capital of Rs. 8.80 Arba. After the adjustment of 10 percent bonus share, the capital will rise to Rs 9.68 Arba.