Sunrise Bank Announces Dividend

Sep 18, 2019 11:00 AM Merolagani

Sunrise Bank (SRBL) has announced a dividend of the last FY. The 326th board of directors meeting of the bank held September 17 decided to propose 15.80 percent dividend to its shareholders.

The bank will distribute 5.8 percent cash dividend (including tax) and 10 percent stock dividend to the shareholders.

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

The bank distributed 11.50 percent cash dividend in the previous FY.

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