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Agricultural Development Bank Limited (ADBL) has recommended a dividend of 13% for the fiscal year 2081/82.
The Board of Directors (BoD) convened and resolved to allocate a 13% dividend based on the paid-up capital of Rs. 13.85 Arba. The proposal includes 3.25% in bonus shares and 9.75% as a cash dividend (tax included).
It is important to note that this dividend will be dispensed only after receiving approval from Nepal Rastra Bank and confirmation at the company’s forthcoming AGM.
Currently, ADBL’s Last Traded Price (LTP) stands at Rs. 315.00.
