Nepal Bank (NBL) Approves Bonus and Dividend after 23 Years!

DIVIDEND:

Nepal Bank (NBL), the first commercial bank of Nepal, has approved bonus shares and dividend for shareholders after more than two decades.

The 60th annual general meeting (AGM) held yesterday on 25 Paush 2076 has approved to distribute its shareholders a net 25% including 15% bonus shares and 10% cash dividend including tax.

The price for 15% bonus shares is already adjusted to Rs 275.65 on 13 Paush 2076 and 10% cash dividend is now getting sent to the shareholders account.

Currently its paid up stands at Rs. 9.81 arba and its capital will be Rs 11.28 after the adjustement.

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Sindhu Bikas Bank (SINDU) announces bonus shares !

DIVIDEND:

Sindhu Bikas Bank (SINDU) has announced bonus shares for shareholders from the distributable profit of FY 2075/76.

The board meeting of the company held on 01 Poush 2076 has decided to distribute 11.513% bonus shares and 0.575% lakh cash dividend for tax purpose.

The decision should approved by Beema Samiti and Annual general meeting of the company.

Currently its paid up stands at Rs. 50 crore.

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Oriental Hotels (OHL) Bonus Share Listed !

BONUS LISTED:

Nepal Stock Exchange Limited (NEPSE) has published a notice regarding the listing of bonus shares of Oriental Hotel Limited (OHL).

As per the notice, 537,185.92 Bonus Shares of OHL have been listed in NEPSE. These shares can now be traded in the secondary market. OHL had distributed 5% bonus shares and 10.79% cash dividend out of the profits of FY 75/76.

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Life Insurance Co, Nepal (LICN) Bonus Share Listed !

BONUS LISTED:

Nepal Stock Exchange (NEPSE) lists 51,51,612 units of bonus shares of Life Insurance Corporation Nepal Limited (LICN).

LICN had distributed 34.46% bonus shares from the profit of FY 2074/75. A total of 51,51,612 Bonus Shares has been listed in NEPSE for trading.

Check the DETAILS HERE: