Reminder! Last Day to Grab Dividend Proposed by Nabil Bank Limited

Today is the last day to grab the Nabil Bank Limited (NABIL) dividend proposed. The company has also called its 40th AGM on 27th Mangsir, 2081. The meeting will be held at Rastriya Sabha Griha, Kathmandu, starting at 10 a.m. that day.

Among the other agendas, the AGM will endorse a 10% cash dividend for FY 2080/81. The 668th meeting of the board of directors held on Kartik 13, 2081 decided to distribute the dividend on the paid-up capital of Rs. 27.05 Arba. A 10% cash dividend (including tax) has been proposed.

Mangsir 10 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, NABIL has an LTP of Rs. 553.70.