KATHMANDU, NOVEMBER 03
Nabil Bank Limited (NABIL) has propsed impressive dividend for fiscal year 2077/78.
The meeting of the board of directors held on Tuesday decided to pay 38 per cent dividend to its shareholders.
33.6 per cent in the form of bonus shares and 4.4 per cent cash dividend (including tax) of the propsed 38 per cent will be distributed.
The proposed dividend, however, is subject to approval by the Nepal Rastra Bank and endorsement by the company's upcoming Annual General Meeting (AGM).
The commercial bank maintains a paid-up capital of Rs 13.84 billion.
As of Wednesday, NABIL has an LTP of Rs 1,653.
