Lumbini Bikas Bank Declares 8.5% Dividend for FY 2079/80

Tue, Dec 12, 2023 10:33 AM on Dividend, Bonus & Rights, Latest,

Lumbini Bikas Bank Limited (LBBL) has proposed an 8.5% dividend for the fiscal year 2079/80.

The company's 461st meeting of the board held on 26th Mangsir 2080, has proposed an 8.5% dividend from the paid-up capital. The paid-up capital of the company stands at Rs. 3.38 Arba. 4% bonus shares worth Rs. 13.53 crores and 4.5% cash dividend (including tax) worth Rs 28.75 crores have been proposed.

This decision is subject to approval from the Nepal Rastra Bank after which it will be endorsed in the AGM of the company.

Dividend History: