NMB Bank Limited has proposed a 10% dividend for its shareholders from the profit of the last fiscal year. A meeting of the bank’s Board of Directors held on Mangsir 5 approved the plan to distribute 5% bonus shares and 5% cash dividend for tax purposes based on the current paid-up capital.
The proposed dividend will be distributed only after receiving approval from the Nepal Rastra Bank (NRB) and endorsement by the bank’s upcoming Annual General Meeting (AGM).
NMB Bank, known for its consistent dividend distribution, stated that the decision reflects the institution’s commitment to rewarding its shareholders.
