Siddhartha Bank Announces 4.21 Percent Dividend

October 12, 2023 | Investopaper

Siddhartha Bank Limited (SBL) has proposed the dividend to the shareholders. The dividend declaration is from the previous fiscal year 2079/80.

The board meeting of the bank held on Ashwin 24, 2080 BS has announced a 4.21 percent dividend. The total dividend will be in the form of cash.

As of Ashad’s end 2080 BS, Siddhartha Bank has a paid-up capital of Rs 14.08 Arba. At this capital, the cash dividend amounts to Rs 59.31 crores.

From the previous fiscal year 2078/79, Siddhartha Bank had distributed a 13.16 percent dividend, including a 12.50 percent bonus share and a 0.66 percent cash dividend.

The dividend is subject to approval from Nepal Rastra Bank (NRB) and the upcoming AGM of SBL.


Related Contents:

Dividend History Of Siddhartha Bank Limited (SBL)

Siddhartha Bank’s Performance in the Fiscal Year 2079/80

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