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Kathmandu: Mahalakshmi Bikas Bank (MLBL) has announced the dividend to be distributed to the shareholders from the profit of the last financial year.
The bank has announced that it will distribute a total of 10.47 percent of the total paid-up capital as a 4 percent bonus share and 6.47 percent cash dividend, including for tax purposes.
The meeting of the board of directors of the bank held on December 16th, has decided to distribute the dividend at that rate.
The dividend will be distributed after being approved by Nepal Rastra Bank and passed by the next annual general meeting.
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