Kathmandu.  Civil Bank will be available only to the existing shareholders till February 4. The total 8.82 percent dividend proposed. The bank has convened its tenth annual general meeting on March 25 to approve the proposed dividend. 

As the book closes one day on February 05, only the existing shareholders are eligible to receive dividend till Feb 4.

The bank is passing a proposal to distribute 8 percent bonus share and zero point 42 percent dividend for tax purposes on the basis of the existing paid-up capital from the accumulated profits of the last fiscal year 2076/77. Currently, the bank's paid-up capital is Rs. 8 billion 333 million 89 thousand. The bank has proposed to distribute dividend on the basis of the same capital.

The bank's proposed dividend this year is the highest in the last two fiscal years. The bank had paid 6.57 percent cash dividend last year and 4.5 percent cash dividend last year. The bank, which has been paying cash dividends for two consecutive financial years, has emphasized on bonuses this year.