Saptakoshi Development Bank Announces Dividend

Sep 13, 2018 Merolagani

Saptakoshi Development Bank (@@) has announced a dividend of the last FY. The bank has proposed of distributing 3 percent stock dividend and 5.03 percent cash dividend including tax to its shareholders.

The bank will distribute 15.25 million worth of stock dividend and 25.6 million worth of cash dividend including tax of the current paid-up capital of Rs 508.5 million.

After the bonus share distribution, the paid-up capital will reach Rs 523.75 million. The proposed dividend is subjected to approval from NRB and the upcoming AGM of the company.

 

 

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