Kamana Sewa Bikas Bank to allocate a dividend of 4.64 percent
The bank has decided to pay a total dividend of 4.64 percent to its shareholders from the profits of the fiscal year 2078-79.
KATHMANDU: Kamana Sewa Bikas Bank Limited has decided to distribute 4.64 percent of its profit from the previous fiscal year as a dividend.
The bank has decided to pay a total dividend of 4.64 percent to its shareholders from the profits of the fiscal year 2078-79.
For tax purposes, the bank proposes to distribute 4.41 percent bonus shares and 0.23 percent cash dividend on current paid-up capital.
Investors will receive the bank’s proposed dividend after approval by the Nepal Rastra Bank and the bank’s upcoming general meeting.
On this basis, the dividend rate of the company has decreased this year compared to last year.
From the previous year’s profits, the bank distributed 18.5 percent bonus shares and 0.97 percent cash dividend to shareholders for tax purposes.
