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NMB Bank declares dividend, how much bonus and cash is being paid?

SPIL
Nepal Life

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Kathmandu. KATHMANDU: NMB Bank Limited has announced a dividend to be distributed to its shareholders from the profit of the last FY. The meeting of the board of directors of the bank held on November 21 has decided to distribute 10% dividend on its paid-up capital.

Out of this offer, 5% is bonus shares and 5% is tax dividend. The proposed dividend will be distributed after approval from Nepal Rastra Bank.

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