Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
Today is the final day to apply for Nepal Bank Limited's rights shares. Existing shareholders can file with Citizens Investment Trust or Civil Capital to receive 9.5 shares per current share; the issue has already reached 85‑90% of the target, and full subscription will lift the bank's net worth to Rs 23.18 per share.
From 25th Asad, 2070, Sagarmatha Insurance will distribute 29.62% cash dividend warrants and 100% bonus shares to its shareholders.
The 3,61,96,174-unit right share issue (1:9.51 ratio) is now extended until 27th Ashad, 2070.
The deadline for subscribing to Nmb bank's rights shares has been extended from June 26 to July 11, 2013. The bank aims to raise slightly over Rs 3.61 arab via a 1:9.5 rights issue of 36,193,174 units, which will increase its paid-up capital to Rs 4 arab.
NRB has rejected Agricultural Development Bank Ltd’s plan to distribute a 5.6% cash dividend to ordinary shareholders and 6% to preference stocks, citing the bank’s high non‑performing asset ratio. The bank posted a net profit of Rs 1.86 billion in FY 2011‑12 before the dividend program was cancelled.
Seti Finance Limited will distribute a 10% cash dividend warrant to shareholders starting today, 29th Jestha 2070.
Shareholders will decide on a proposed 20% bonus share issuance at NLG's AGM on July 5. The company posted a net profit of Rs 88.84 million for the first three quarters, up from Rs 31.90 million in the same period last year.
The 1:2 right share issue of Shrijana Finance Limited closes today, 19th Jestha 2070. No further subscriptions will be accepted thereafter.
Shareholders are required to remit any uncollected dividend payments by the deadline specified in the recently published notice.
NePAL Bank Ltd (NBL) has opened a rights issue offering 36.1 million new rights shares to existing shareholders at a 1:9.5 ratio. Subscription will close on 26 May, while the government already holds 38.6% stake and has deposited Rs 1.39 billion in rights shares.
Showing 7,621- 7,630 of 7,992
Never miss a dividend
Subscribe for dividend, bonus-share, and right-share updates, or create an account to narrow the list to the shares you hold.