Don't Forget! Last Day to Grab Dividend Proposed by Shine Resunga Development Bank
Tue, Dec 17, 2024 7:58 AM on Dividend, Bonus & Rights, AGM/Special AGM, Book Closure, Latest,
Today is the last day to claim the proposed Shine Resunga Development Bank Limited (SHINE) dividend. The company has also called its 16th AGM on 19th Poush, 2081. The meeting will be held at Dreamland Gold Resort & Hotel Pvt. Ltd., Manigram, Rupandehi, starting at 11 a.m. that day.
Among the other agenda items, the AGM will endorse an 8% dividend for the fiscal year 2080/81. The bank's 300th meeting of the board, held on 23rd Kartik 2081, proposed an 8% dividend from the paid-up capital, which stands at Rs. 4.73 Arba. 3% bonus shares worth Rs. 14.20 crores and 5% cash dividend (including tax) worth Rs 23.66 crores have been proposed.
Poush 3 is the book closure date. Thus, shareholders who have maintained their shares until today are entitled to the dividend payout and can attend the AGM.
As of writing, SHINE has an LTP of Rs. 467.00.
