Everest Bank Limited Convertible Preference Announces Book Closure Date for 7% Cash Dividend
Wed, Jul 13, 2022 11:10 AM on Latest, Dividend, Bonus & Rights, Book Closure,
Everest Bank Limited Convertible Preference (EBLCP) has declared the book closure date for its cash dividend.
The institution has proposed a 7% cash dividend for the fiscal year 2078/79. Shareholders maintained before Ashad 31 are entitled to the dividend payout. Books will be closed on that day for the same purpose. The preference shares provide a fixed dividend of 7% each year and are entitled to this dividend prior to the distribution to ordinary shareholders.
As of writing, EBLCP has an LTP of Rs. 553.50.
