Standard Chartered Bank Limited (SCB) has proposed a 16% dividend for the fiscal year 2082/83.
The bank’s 494th Board of Directors meeting held on Kartik 09 decided to distribute a a 16% cash dividend including tax, based on the bank’s paid-up capital. The company currently has a paid-up capital of Rs. 10.04 arba.
Standard Chartered Bank Nepal Limited (SCB) has proposed a 16% cash dividend for the fiscal year 2082/83, subject to approval from Nepal Rastra Bank and endorsement by the bank’s upcoming Annual General Meeting (AGM). Standard Chartered Bank Nepal Limited (SCB) has proposed a 16% cash dividend, including tax, based on its paid-up capital for the fiscal year 2082/83. The decision was made at the bank’s 494th Board of Directors meeting held on Kartik 9. The bank currently has a paid-up capital of Rs. 10.04 arba. The proposed dividend will be distributed after receiving approval from Nepal Rastra Bank (NRB) and endorsement by the upcoming AGM. As of the time of reporting, the bank’s last traded price (LTP) on the Nepal Stock Exchange (NEPSE) stood at Rs. 676 per share.