Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
Laxmi Bank Limited will distribute a 20% bonus share certificate from Magh 6. Cash dividend is available for collection between 10:00 AM and 3:00 PM Sunday to Thursday, and 10:00 AM to 1:00 PM Friday at its RTS in Pulchowk, Lalitpur.
Eligibility to apply for Sahayogi’s 10:1.5 rights shares ends Poush 8; subscriptions close Falgun 10, 2071. The bank also declares a 26% bonus share and a 10% cash dividend.
Three days remain to forward a bid for Hamro Bikas Bank's 10:7 right shares, which close on Magh 6, 2071. Up to 4,20,700 units are available for existing shareholders.
Shangrila Development Bank has approved a 4:1 rights issue for its shareholders, while its Board proposes a 15% bonus share and 10% cash dividend pending approval from Nepal Rastra Bank and acceptance at the forthcoming Annual General Meeting.
LICN has approved a 30% bonus share issue and a 1.58% cash dividend. Dividend distribution will occur after the upcoming AGM once Beema Samiti approval is obtained.
NIC Asia Bank will distribute 15% cash dividend warrants tomorrow (Poush 27, 2071) from 10:00 AM to 2:30 PM Sunday‑Thursday and 10:00 AM to 12:30 PM Friday at its RTS, Civil Capital Limited, Kamladi, Kathmandu. Shareholders list published by the bank.
The Board of Directors of Sagarmatha Insurance Company Limited has proposed a 21.0526% cash dividend for the fiscal year 2070/71, pending approval from the Beema Samiti and the upcoming Annual General Meeting.
Today is the last day for investors to purchase Civil Bank Limited shares and be eligible for the announced 7% bonus share and 1.5% cash dividend for FY 2070/71. The bank will close its shareholder register tomorrow (Poush 22) and convene its AGM on Magh 9, 2071.
Matribhumi Bikas Bank recommends a 10% bonus share and 5% cash dividend based on last fiscal year profit. Approval by Nepal Rastra Bank and the upcoming AGM will determine final distribution.
Premier Insurance proposes a 14% stock dividend and a cash dividend of Rs. 18,58,279, to be issued after the Right Share issuance; approval depends on Beema Samiti at its AGM.
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