Miteri Development Bank Proposes 10% Dividend for FY 2080/81

Miteri Development Bank Limited (MDB) has proposed a 10.0083% dividend for the fiscal year 2080/81.

The 248th meeting of the board of directors held on Mangsir 7 decided to distribute the dividend on the paid-up capital of Rs. 1.11 Arba. 9.5079% bonus shares worth Rs. 10.56 crores and 0.5004% cash dividend (tax purposes) worth Rs. 55.61 lakhs have been proposed.

The dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming AGM.

As of writing, MDB has an LTP of Rs. 705.00.

Dividend History: