Dividend declaration of 16 companies in banking, insurance and hydropower sectors: Bank of Kathmandu's highest dividend

Nov Fri 2022 03:51:24

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Dividend declaration of 16 companies in banking, insurance and hydropower sectors: Bank of Kathmandu's highest dividend

Kathmandu. 16 companies listed in Nepal Stock Exchange (NEPSE) in the banking, insurance and hydropower sectors have declared dividends. Companies are going to distribute dividends to shareholders from their profits. Among the companies that declared dividends are seven commercial banks, six insurance companies and three hydropower companies.

Bank of Kathmandu's highest dividend: Bank of Kathmandu has the highest number of banks that have declared dividends so far. This bank has declared 20.95 percent dividend with 6 percent bonus and 14.95 cash.

Similarly, Standard Chartered Bank has announced 16.51 percent cash dividend while Nepal Credit and Commerce (NCC) Bank has announced 3.663 percent bonus and 7.6337 percent cash dividend of 11 percent.

Apart from this, Global IME Bank 13.6 percent with 3 percent bonus and 10.6 percent cash, Sanima Bank 10.98 percent with 10 percent bonus and 0.98 percent cash, Kamari Bank 12.5 percent cash and Citizens Bank International 9 percent cash dividend. announced to give.


6 Dividend declaration of insurance company : So far 6 insurance companies have declared dividends. 6 insurance companies listed in NEPSE, including Nepal Life, are going to distribute dividends to their shareholders. In which there are 5 life insurance companies and one non-life insurance company.

Nepal Life Insurance Company has announced to give 15.78 percent dividend. Along with this, Gurans Life Insurance will give 7.83 percent dividend, National Life 15.78 percent, Asian Life 15.26 percent, and Prime Life 13.68 percent dividend.

Nepal Insurance is among the non-living insurance companies that have declared dividends so far. This company has announced to distribute 8.4211 percent dividend with 8 percent bonus and 0.4211 cash to its shareholders.

Three hydropower companies also declared dividends: Three hydropower companies have announced dividends. Three different hydropower companies listed in the Nepal Stock Exchange NEPSE have announced the dividend of the last financial year for the shareholders.

Among the companies offering dividends are Ru Ru Jalvidyut Project, Arun Kabeli Power and Sanima Mai Hydropower Company. The hydropower project will distribute a total of 10.52 percent dividend this year.

Similarly, Arun Kabeli Power Limited is going to distribute 10 percent bonus shares this year. Similarly, Sanima Mai Hydropower Limited has announced to distribute 5.2632 percent cash dividend (including tax).