Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
Prime Commercial Bank Limited's 549th board meeting on Poush 03 approved a dividend of 8.421% for FY 2081/82, consisting of an 8% bonus share and 0.421% cash dividend. The payment will be made only after central bank approval and endorsement at the upcoming AGM, so investors should monitor those approvals.
NBL will not distribute any dividend for FY 2081/82; the decision awaits final approval from Nepal Rastra Bank and the upcoming AGM.
Sagarmatha Lumbini Insurance has proposed a 15% cash dividend of Rs. 39.33 crores for FY 2081/82. The dividend is pending approval from the Nepal Insurance Authority and the upcoming AGM.
Book closure for the 20.2632% dividend closes on Poush 14, 2082, enabling shareholders recorded before that date to receive the dividend. The company will hold its 8th and 9th AGM on Poush 25, 2082 at 10:30 AM.
NCHL approved a 15% bonus share and a 0.789% cash dividend at its 14th AGM, while launching the National Payment Switch and NEPALPAY Card for commercial use.
Suryodaya Womi Laghubitta Bittiya Sanstha Limited will not distribute dividends for FY 2081/82.
Book closure for the 12th AGM of Mailung Khola Jal Vidhyut Company is on Poush 17, 2082; shareholders must submit their records by that date. The AGM, scheduled for Poush 28, 2082, will also consider a proposed rights issue at a ratio of 1:0.70, contingent upon ERC approval.
Today is the last day to claim the 9% dividend on shares of Nepal SBI Bank Limited. The 32nd AGM will be held on 18th Poush 2082, 11 AM, at the Tribhuvan Army Officers' Club, Bhadrakali, Kathmandu.
The board of directors of Nepal Insurance Company Limited has proposed a 6.3158% cash dividend for FY 2081/82, which will be paid only after approval from the Nepal Insurance Authority and the company's upcoming AGM.
The dividend—5% bonus shares and 15.2632% cash—awaits approval from the Nepal Insurance Authority and the upcoming 9th AGM.
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