Century Commercial Bank Announces Dividend

Mar 21, 2019 Merolagani

Century Commercial Bank (CCBL) has announced dividend of the last FY. The 282nd board of directors meeting of the bank held on   March 19 decided to propose 6.5 percent dividend to its shareholders.

The bank will distribute 2 percent stock dividend worth Rs 165.009 million and 4.5 percent cash dividend worth Rs 371.27 million to the shareholders.

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

In the previous FY, the bank distributed 10 percent dividend including 5 percent stock and 5 percent cash dividend.

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