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

Kathmandu — Nabil Bank Limited (NABIL) has proposed a 12.50% cash dividend for the fiscal year 2081/82. The decision was made during the bank’s 694th board meeting held on Mangsir 19, 2082.

The dividend has been proposed based on the bank’s paid-up capital of Rs. 27.05 billion. The 12.50% cash dividend includes tax.

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

As of the latest trading session, NABIL’s stock is trading at an LTP of Rs. 510.20.