Nepal Bank Limited (NBL) has recommended a 17 percent dividend for the fiscal year 2077/78, which would be paid to shareholders.
The board of directors, in its meeting on Kartik 7, decided to disburse Rs. 12.63 arba as a dividend on the paid-up capital, which was previously decided. It has been proposed to issue 14 percent bonus shares and pay a 3 percent cash dividend (including tax).
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As of this writing, NBL’s LTP stands at Rs 455.10.
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