Kathmandu: Nepal Infrastructure Bank Limited (NIFRA) has announced a cash dividend for its shareholders from the profit earned during the last fiscal year.
The bank’s Board of Directors meeting held on Bhadra 14 decided to distribute a 5.2632% cash dividend, including tax, based on the bank’s current paid-up capital.
The proposed dividend will be distributed only after obtaining approval from the Government of Nepal, Ministry of Finance, and Nepal Rastra Bank, followed by endorsement from the bank’s upcoming Annual General Meeting (AGM).
The dividend is subject to regulatory and AGM approval.
Published by NIFRA on 2083-5-15
