Last day to secure dividend of Kumari Bank

Sep 12, 2019 10:35 AM Merolagani

Today is the last day to secure dividend of Kumari Bank (KBL). The company is closing its book on September 15, thus, the shareholders registered in its book till September 2 (last trading day before book close) will be eligible to attend the AGM and obtain the announced dividend.

The bank is conducting its 19th AGM on September 28 in Naxal Banquet, Naxal, Kathmandu at 11:30 AM.

The meeting will endorse a proposal of distributing 10 percent stock and 0.5261 percent cash dividend to its shareholders.

Moreover, the meeting will approve financial reports of the company and appoint an auditor for the current FY.

Presently, the company has paid-up capital of Rs 8.68 billion that will reach Rs 9.55 billion after distribution of the stock dividend.

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