Agriculture Development Bank announces 21.79 percent dividend

Dec Mon 2020 06:40:49

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Agriculture Development Bank announces 21.79 percent dividend

Kathmandu. The Agriculture Development Bank has proposed a total dividend of 21.79 percent. A meeting of the Board of Directors of the bank held on December 13 has proposed to distribute 15 percent bonus share and zero point 79 percent cash dividend for tax purposes from the profits of the fiscal year 076/77.

The company has also decided to pay 6 percent cash dividend on the existing non-refundable preference share capital. The proposed dividend will be distributed after the approval of Ne