Prime Commercial Bank (PCBL) Calls AGM to Endorse 16.6313% Dividend
Sun, Nov 28, 2021 10:50 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Prime Commercial Bank Limited (PCBL) has called its 14th AGM on 6th Poush, 2078. The meeting will be held in the company's head office in Kamalpokhari, Kathmandu, starting at 11 am that day.
Among other agendas, the AGM will endorse a 16.6313% dividend for the fiscal year 2077/78. The meeting of the board of directors held on Kartik 22 decided to distribute the dividend on the paid-up capital of Rs. 16.08 Arba. 16% bonus shares and 0.6313% cash dividend (for tax purposes) have been proposed.
Furthermore, the AGM will also elect/ appoint a board member from the public shareholders.
Mangsir 22 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM. As of writing, PCBL has an LTP of Rs. 458.