Last day to secure dividend of Nabil Bank

Dec 23, 2019 10:24 AM Merolagani

Today is the last day to secure dividend of Nabil Bank (NABIL). For the upcoming AGM, the bank is closing its book on December 24, thus, the shareholders registered in its book till December 23 will be eligible to attend the AGM and obtain the announced dividend.

Nabil Bank is conducting 35th AGM on January 7 in Nepal Pragya Pratisthan, Kamaladi, Kathmandu at 10:00 AM.

The meeting is supposed to endorse a proposal of distributing 34 percent dividend including 22 percent cash and 12 percent stock dividend to its shareholders.

Similarly, the meeting is endorsing a proposal increasing its authorized capital to Rs 11 billion and elect director from promoter shareholders.

Presently, the bank has a paid-up capital of Rs 9.01 billion that will reach Rs 10.09 billion after the bonus share distribution.

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