Bank dividends for FY 2082/83: Rs 22.45 billion paid before Tihar

Ratopati reports that banks and financial institutions that finished their AGMs distributed Rs 22.45 billion in dividends for FY 2082/83, of which Rs 14.65 billion was cash and the rest bonus shares.

Institutions named: Nabil, Siddhartha, Everest, Global IME, Sanima, Machhapuchchhre, Kumari, Citizens, Garima, Sagun, Sain Resunga, Kamana Sewa and ICFC Finance. Dividends ranged from 20.80% down to 2.1053%, and the highest cash dividend was 10.80%.

Example: Nabil proposed 15.80% (5% bonus + 10.80% cash), subject to NRB approval and AGM.

Did your dividend reach your bank account yet? Which bank gave you the best payout this year?

Source: https://english.ratopati.com/story/83847/14-banks-and-financial-institutions-approve-rs-225-billion-in-dividends