Sindhu Bikas Bank to Skip Dividend from FY 2079/80
January 17, 2024 | Investopaper
Sindhu Bikas Bank Limited (SINDU) has completed the final audit for the fiscal year 2079/80. Approving the financial report of the FY 2079/80, the board meeting of the bank has decided not to distribute the dividend to the shareholders.
The report will be sent to Nepal Rastra Bank for the approval.
The bank didn’t provide the dividend from the previous fiscal year 2078/79, 2077/78 and 2076/77 as well. Likewise, in the fiscal year 2075/76, Sindhu Bikas Bank had distributed a 11.4851 percent bonus share to the shareholders.
