The bank announces bonus and cash dividend from last fiscal year’s distributable profit.
Siddhartha Bank Limited has decided to distribute a total dividend of 10.53% to its shareholders. In a board meeting held on 21 Ashoj 2082, the bank approved the distribution of 5% bonus shares from its paid-up capital along with 5.53% cash dividend including tax, drawn from the distributable profit of the previous fiscal year.
The bank’s current paid-up capital stands at Rs. 14.08 billion. The dividend will be distributed to shareholders after obtaining approval from Nepal Rastra Bank and ratification at the upcoming annual general meeting.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
