Kathmandu - Nabil Bank Limited has proposed a total dividend of 15.80% to its shareholders from the distributable profit of the fiscal year 2082/83 (FY 2025/26).
A meeting of the bank’s Board of Directors has proposed a 5% bonus share and 10.80% cash dividend for ordinary shareholders, taking the total proposed dividend to 15.80%.
The proposed bonus shares are worth NPR 1.3528 billion, while the cash dividend amounts to NPR 2.9222 billion. Both amounts include the applicable taxes on the bonus and cash dividends.
The board has also proposed an 8% cash dividend on the bank’s 8% non-redeemable cumulative preference shares. The proposed dividend amounts to NPR 233.42 million, calculated on the paid-up preference share capital of NPR 5 billion and proportionately for 213 days from the dividend distribution date during FY 2082/83, including applicable taxes.
The paid-up capital of Nabil Bank stands at approximately NPR 27.06 billion for ordinary shares, while its preference share capital is NPR 5 billion.
The dividend proposal has been made based on the bank’s satisfactory financial performance and sustainable business growth during FY 2082/83, with the objective of providing an appropriate return to shareholders.
However, the proposed dividends will be distributed only after obtaining approval from Nepal Rastra Bank and endorsement by the bank’s upcoming Annual General Meeting.
Published by Nabil Bank on 2083-5-21
