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Everest Bank Limited Proposes 20.68% Dividend for FY 2078/079

2022-11-06

Everest Bank Limited (EBL) has proposed a 20.68% dividend for the fiscal year 2078/79.

The bank has proposed a 7.68% cash dividend and a 13% bonus shares from the paid-up capital. The paid-up capital of the company stands at Rs. 9.42 Arba. Thus, the cash dividend amounts to Rs. 57,04,19,728 and bonus shares are worth Rs. 96,55,54,228 proposed to the shareholders. The cash dividend includes the tax amount for the bonus shares.

This decision is subject to approval from the NRB after which it will be endorsed in the AGM of the bank.