Bhargav Bikas Bank Announces Cash Dividend

Jan 06, 2019 Merolagani

Bhargav Bikas Bank (BHBL) has announced dividend of the last FY. The 189th board of directors meeting of the company held on January 4 decided to propose 6 percent cash dividend to its shareholders.

In the previous FY, the bank distributed 5.55 percent stock and .29 percent cash dividend.

Presently, the company has a paid-up capital of Rs 501.6 million. The company will distribute Rs 30 million in cash dividend to its shareholders.

The proposed dividend is subjected to approval from NRB and the upcoming AGM of the bank.  

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