Agricultural Development Bank Limited (ADBL) Announces Attractive Dividend for FY 2081/82!
Great news for ADBL shareholders! Agricultural Development Bank Limited (ADBL) has just announced a proposed dividend of 13% for the fiscal year 2081/82. This promising dividend announcement is sure to pique the interest of investors looking for strong returns on investment in the banking sector.
The Board of Directors (BoD) has decided on this generous dividend distribution, which will be allocated on the paid-up capital of Rs. 13.85 Arba. The proposed structure includes a 3.25% distribution in the form of bonus shares and a 9.75% cash dividend, which includes applicable taxes. This blended approach to the dividend payout aims to provide value to shareholders through both increased equity and immediate financial gain.
Important note: This ADBL dividend is still subject to approval from Nepal Rastra Bank, the central bank of Nepal, and must also be endorsed by the company’s upcoming Annual General Meeting (AGM). Keep an eye out for updates on these key milestones to ensure you’re in the loop regarding the final dividend distribution.
Currently, ADBL’s share price, or Last Traded Price (LTP), stands at Rs. 315.00. Investors will be carefully watching how this dividend announcement affects the stock price and overall market performance of ADBL shares. Stay tuned for further analysis on the potential impact of the dividend yield on ADBL stock. This financial news could significantly influence investment decisions in the Nepalese stock market.
Keep this page bookmarked for the latest updates on ADBL’s dividend approval process and other relevant financial information!
