Western Development Bank proposed 15 % bonus share and 10% Cash dividend

Kathmandu, Feb 2

Western Development Bank Limited has offered 15 percent bonus shares and 10 percent cash dividend to its shareholders from the net profit it posed in the last fiscal year 2069/70.

The 183rd meeting of the development bank’s Board of Directors has just taken the decision to this effect.

The pledged dividend is, however, subject to the approval of the central bank and the upcoming Annual General Meeting of the development bank.

Western Development had posted a net profit of Rs 1.30 crore in the last fiscal year 2069/70.

BPC proposes 18% cash dividend; announces book closure on Feb 5

Kathmandu, January 14

Butwal Power Company Limited has offered 18 percent cash dividend to its shareholders from the net profit it posted in the last fiscal year 2069/70.

The BOD meeting of the company has just taken decision to this effect.

The proposed dividend is, however, subject the approval of the upcoming Annual General Meeting of BPCL, which is slated for February 23.

Sagarmatha Insurance offers 42.1% dividend, including 20 percent bonus shares

Kathmandu, Jan 13

Sagarmatha Insurance Company Limited has offered an astounding 42.1 percent dividend - 20 percent bonus shares and 22 percent cash- to its shareholders from the net profit it earned in the last fiscal year.

The dividend just proposed by the 181st BOD meeting of the insurance company is, however, subject to approval from Insurance Board and the upcoming AGM of the company.

Sagarmatha Insurance Company had posted a huge net profit of Rs 17.79 crore in the last fiscal year 2069/70.

Jyoti Bikas Bank proposes Bonus and Cash

Kathmandu, Jan 13

Jyoti Bikas Bank Limited has proposed an impressive dividend of 12.60 percent: 7 percent bonus shares and 5.60 percent cash dividend to its shareholders from the net profit it posted in the last fiscal year 2069/70.

The 157th BOD meeting of the development bank has just taken the decision to this effect.

However, the proposed dividend is subject to the approval of Nepal Rastra Bank and

Sunrise Bank proposes 11 % bonus shares

Kathmandu, Jan 9

Sunrise Bank Limited has proposed 11 percent bonus shares from the net profit it posted in the last fiscal year 2069/70.

 meeting of the bank’s board of directors has just taken the decision to this effect.

The propose dividend is, however, subject to the approval of Nepal Rastra Bank and the upcoming Annual General Meeting of the commercial bank.

NilGiri Bikas Bank to provide 14 percent dividend

MYAGDI: Jan 8

Nepal Rastra Bank (NRB) has given permission to Nil Giri Bikas Bank to provide 14 per cent dividend to its shareholders.

The approved 14 per cent dividend will be provided to the share holders after deciding in the coming seventh annual general meeting (AGM) of the bank, said