Sunrise Bank to pay 7% dividend, what is the bonus share?
November 10, 2078 10:23 VikasNews
Kathmandu. Sunrise Bank has declared a dividend for the current fiscal year. The Board of Directors meeting held on November 7 declared the dividend.
The bank has proposed to pay a total of 7 percent dividend to the shareholders in the current fiscal year. Such dividends include 6.65 percent bonus shares and 0.35 percent cash dividends. The bank currently has a paid up capital of Rs 9.48 billion.
The dividend proposed by the Board of Directors of the bank will be distributed to the shareholders after it is approved by the Nepal Rastra Bank and passed by the next annual general meeting.