Civil Bank Announces Dividend

Feb 17, 2019 Merolagani

Civil Bank (CBL) has announced dividend of the last FY. the 264th board of directors meeting of the bank held on February 15 decided to propose 4.05 percent cash dividend to its shareholders.

As per the proposal, the bank will distribute cash dividend worth Rs 294 million to the shareholders.

The proposed dividend is subjected to approval from NRB and its upcoming AGM.

The bank is yet to endorse 10.25 percent stock and 0.54 percent cash dividend proposed for the FY 2073/74 from its AGM. After the capitalization of the bonus share its paid-up capital will totals Rs 8 billion.

In the second quarter of the current FY, the bank earned a net profit of Rs 359.7 million and has maintained EPS of Rs 9.01 and net worth per share of Rs 133.93.

comments powered by Disqus

Development Banks Record Minimal Degrowth

Apr 24, 2024 06:56 AM

The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.

Gold and Silver Price Decline

Apr 25, 2024 10:37 AM