Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
Alpine Development Bank Limited has proposed a 15% cash dividend from its Rs 2.04 crore net profit for fiscal year 2069/70, pending approval by Nepal Rastra Bank and the bank’s upcoming AGM.
Distributions of 3.55% cash dividend warrants and 12.64% bonus share certificates begin today, 13th Mangsir, 2070.
Shareholders can collect Reliable Finance’s 12.64% bonus shares and 3.55% cash dividend warrants from 10:00 AM to 2:00 PM Sunday to Thursday, and 10:00 AM to 1:00 PM Friday at RTS, Elite Capital Limited, Jamal, Kathmandu. Distribution is based on the Rs 4.5 crore net profit from fiscal year 2069/70.
Civil Bank Limited has declared a 5.75% cash dividend for shareholders from its FY 2069/70 net profit.
Shareholders of United Finance Limited will receive a 12.5% cash dividend from 9th Mangsir, 2070.
Today Triveni Bikas Bank closes its rights share issue at a 10:3 ratio, having issued 7.45 lakh units of Rs 100 face‑value shares on 16 Aswin. The issue is managed by ACE Capital Limited, and the bank reported a net profit of Rs 6.32 crore last fiscal year.
Triveni Bikas Bank Limited is closing its 10:3 ratio right share today (10th Mangsir, 2070). Shareholders should act before the deadline to secure their allotment.
Garima Bikas Bank closed the issuance of 11 lakh units of its 2:1 ratio rights shares today, after extensions to November 7 and an additional 10 days.
Garima Bikas Bank Limited is closing its 2:1 right share issue from today, 9th Mangsir 2070. Shareholders must act before the deadline.
Butwal Power Company Limited is expected to pay a 25% dividend to shareholders, potentially as cash, bonus shares, or a mix; the exact method remains unconfirmed. This follows the company’s 25% cash dividend last year and a Q1 net profit of Rs 1.60 crore in the current fiscal year.
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