BREAKING NEWS

Kumari Bank Proposes 2.1053% Cash Dividend for FY 2082/83

Kumari Bank has proposed a 2.1053% cash dividend, including taxes, for FY 2082/83 based on its current paid-up capital of Rs. 26.22 arba.

Nepalytix
5 min read
Kumari Bank Proposes 2.1053% Cash Dividend for FY 2082/83

Kumari Bank Limited (KBL) has proposed a 2.1053% cash dividend for its shareholders for the fiscal year 2082/83.

The bank’s Board of Directors meeting held on Bhadra 30 decided to distribute the cash dividend, including applicable taxes, based on the bank’s current paid-up capital of Rs. 26.22 arba.

The proposed dividend will be distributed only after receiving approval from Nepal Rastra Bank and endorsement by the bank’s upcoming Annual General Meeting (AGM).

As of the time of reporting, Kumari Bank’s Last Traded Price (LTP) stood at Rs. 221.60.

Nepalytix

Financial News Reporter