Fri, Apr 26, 2024
Ridi Hydropower Development Company (RHPC) has announced dividend of the last FY.
The board of directors meeting of the bank held on November 19 decided to propose 5 percent stock and 0.2631 percent cash dividend for tax purpose to its shareholders.
The proposed dividend is subjected to approval from its upcoming AGM.
The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.
