The board has proposed 13.53% bonus shares and 4.67% cash dividend for shareholders.

Muktinath Bikas Bank has announced a dividend distribution from the profit of fiscal year 2081/82. In its recent board meeting, the bank decided to distribute a total dividend of 18.20 percent of the current paid-up capital.

The proposed dividend includes 13.53 percent bonus shares and 4.67 percent cash dividend, allocated primarily for tax purposes. With this decision, the bank aims to provide both stock-based and cash returns to its shareholders.

The proposal will now be submitted to Nepal Rastra Bank (NRB) for approval. Once approved, it will be tabled at the upcoming Annual General Meeting (AGM) of the bank. After endorsement from shareholders in the AGM, the dividend will be formally distributed to investors.

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.