Shine Resunga Development Bank (SHINE) Proposes 8% Dividend For FY 2080/81

Sun, Nov 10, 2024 10:05 AM on Dividend, Bonus & Rights, NEPSE News, Latest,

Shine Resunga Development Bank Limited (SHINE) has proposed an 8% dividend for the fiscal year 2080/81.

The bank's 300th meeting of the board held on 23rd Kartik 2081, has proposed an 8% dividend from the paid-up capital. The paid-up capital of the bank stands at Rs. 4.73 Arba. 3% bonus shares worth Rs. 14.20 crores and 5% cash dividend (including tax) worth Rs 23.66 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: