Sanima Bank: 7.37% Cash Dividend Proposed – Nepal Updates | Stock Exchange

Exciting News: Sanima Bank Announces Cash Dividend for Fiscal Year 2081/82!

Big news for Sanima Bank Limited (SANIMA) shareholders! The bank’s Board of Directors has officially proposed a 7.3685% cash dividend for the fiscal year 2081/82. That’s right, SANIMA is rewarding its investors with a solid cash payout.

The decision was made at a recent Board of Directors meeting held on Ashwin 03. This proposed dividend equates to approximately RS. 1.00 Arba (including applicable taxes). With a current paid-up capital of Rs. 13.58 Arba, this cash dividend announcement is sure to please many SANIMA stock holders.

However, before popping the champagne, it’s important to note that this decision is still pending approval from the Nepal Rastra Bank (NRB). Once the NRB gives the green light, the proposal will then be put forward for endorsement at the bank’s upcoming Annual General Meeting (AGM). Keep an eye out for updates on the SANIMA dividend approval process!

This dividend announcement reflects Sanima Bank’s strong financial performance and commitment to delivering value to its shareholders. Stay tuned for further details on the dividend distribution timeline and AGM information. If you’re an investor in the Nepalese stock market, especially a SANIMA shareholder, this is definitely something to watch! This proposed cash dividend could make SANIMA shares even more attractive to potential investors, impacting the stock price.

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