Siddhartha Bank declared 15% Dividend for Fiscal Year 2076/77

Dec Fri 2020 08:31:42

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Siddhartha Bank declared 15% Dividend for Fiscal Year 2076/77

Siddhartha Bank Limited (SBL) has declared a 15% dividend for the fiscal year 2076/77.

The 357th meeting of the board of directors held on Mangsir 19 has proposed 12% bonus shares and 3% cash dividend worth Rs 29.36 crore (including cash for tax purpose) for the fiscal year 2076/77. For the fiscal year before this (i.e. 2075/76), the company distributed 10% bonus shares and 15.26% cash dividend.

As of writing, the company's LTP is Rs. 370. The existing paid of Capital of Siddhartha Bank Limited is Rs 9.78 arba.