Nabil Bank will declared 35 to 40 percent dividend fiscal year 2077/78

Oct Thu 2021 02:52:20

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Nabil Bank will declared 35 to 40 percent dividend fiscal year 2077/78

How much dividend Nabil Bank pays to the shareholders from the profit of the fiscal year 2077/78 has become a matter of concern for many. According to NRB sources, the bank has proposed to distribute 35 to 40 percent dividend. It has proposed to pay more than 35 percent bonus share and cash dividend for tax purposes. Thus, the shareholders of Nabil Bank will get more than 35 percent dividend.

As of mid-July of the last fiscal year, the bank has earned a profit of Rs 4.64 billion while the distributable profit has been Rs 4.1462 billion.

This shows that the bank's ability to pay dividends is 29.94 percent. The bank's reserve fund is very strong till the fourth quarter of last year.

After acquiring United Finance, the bank has a paid up capital of Rs 13.84 billion and a reserve fund of Rs 15.33 billion. The bank, which has a very strong reserve fund, is expected to pay a dividend of 35 to 40 percent.