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Mahalaxmi Bikas Bank declares 7.18% dividend

nabil
global ime

Kathmandu. Mahalaxmi Bikas Bank Limited has announced a dividend to be distributed to shareholders from the profit of the last financial year. The bank has proposed to distribute a total dividend of 7.18 percent to its investors from the profit of the last financial year.

TAG_OPEN_div_10 The 657th meeting of the bank’s board of directors has decided to distribute the dividend from the profits of the financial year 2082-83. The proposed dividend includes 3.40 percent bonus shares and 3.78 percent cash dividend. The tax on cash dividend has also been included.

The current paid-up capital of the bank stands at Rs 4,TAG_OPEN_div_8 51,12,81,065.90. Based on this, the bank will issue bonus shares worth Rs 15,69,17,399.44.

Similarly, a cash dividend of Rs 170,TAG_OPEN_div_6 05,26,424.29 has been proposed.

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