Himalayan Bank declared 20 percent dividend to shareholder

Nov Mon 2020 05:04:56

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Himalayan Bank declared 20 percent dividend to shareholder

Kathmandu. Himalayan Bank has announced to pay 20 percent dividend. The Board of Directors meeting held on Sunday has decided to pay 14 percent bonus share and 6 percent cash dividend from the last fiscal year's profit and a total of 20 percent dividend.

The decision of the Board of Directors will be implemented after the approval of the regulator Nepal Rastra Bank and the upcoming annual general meeting. The bank had paid 22 percent dividend in the previous fiscal year.