Kathmandu: Siddharth Bank Limited (SBL) has announced the dividend to be distributed to the shareholders from the distributable profit of the last financial year.
The bank has announced to distribute a dividend of 13.16 percent of the current paid-up capital. Out of this, 12.50 percent is bonus shares and 0.66 percent is cash dividend for tax purpose.
The board meeting of the bank held on 06th of December 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.