Machhapuchhre Bank Announces Dividend for FY 2081/82!
Machhapuchhre Bank, a leading commercial bank in Nepal, has just announced its dividend proposal for the fiscal year 2081/82! This exciting news is sure to pique the interest of investors and anyone following the Nepalese stock market.
The bank’s board of directors met on Friday and proposed an 8% dividend distribution to its shareholders. This includes a cash dividend of 4% and a bonus share of 4%. This is a significant announcement, and shareholders will be eagerly anticipating the implementation.
This proposal is still subject to approval from the Nepal Rastra Bank (NRB), the central bank of Nepal, and the bank’s upcoming Annual General Meeting (AGM). Once these approvals are in place, the dividend will be distributed to eligible shareholders.
This announcement positions Machhapuchhre Bank as the first commercial bank to declare a dividend for the current fiscal year. This is a positive sign for the bank’s financial performance and indicates a commitment to rewarding its investors.
For investors interested in banking stocks in Nepal, this is definitely news to watch. Stay tuned for further updates on the approval process and the ex-dividend date. Keep an eye on your stock portfolio and relevant financial news websites for the latest information regarding Machhapuchhre Bank stock and other Nepalese banking sector updates. This is a great opportunity to research bank stocks and consider adding this financial institution to your investment portfolio!
