Nabil Bank Proposes 12.50% Cash Dividend for FY 2081/82

Nabil Bank Limited (NABIL) has proposed a cash dividend of 12.50% for the fiscal year 2081/82.

In the 694th convening of the board of directors that took place on Mangsir 19, 2082, it was resolved to allocate the dividend on the paid-up capital amounting to Rs. 27.05 Arba. A cash dividend of 12.50% (tax included) has been recommended.

The distribution of the dividend is contingent upon the approval of the central bank and the endorsement from the company’s forthcoming AGM. At the time of writing, NABIL has a last traded price (LTP) of Rs. 510.20.