17% dividend from Kailash Bikash awaits approval; Dividend slightly falls compared to last year
Wed, Sep 26, 2018 11:17 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Kailash Biaksh Bank (KBBL) has announced 17% dividend for its shareholders.
As per the notice published by KBBL, the development bank has proposed 17% cash dividend worth Rs.42.85 Crore for its shareholders for FY 74/75.
The decision of the development bank is subject to approval from the Rastra Bank and upcoming AGM of the company.
The development bank had distributed 10% bonus shares and 9.45% cash dividend for the year 73/74 amounting to total dividend of 19.45%. A slight fall in the distributed dividend can be seen.
