As the banking sector wraps up the fiscal year 2081/82, seven commercial banks in Nepal have already announced dividends for their shareholders. These include Standard Chartered Bank, Global IME Bank, Siddhartha Bank, Citizens Bank, Sanima Bank, Everest Bank, and Machhapuchchhre Bank.
Siddhartha Bank offers both bonus and cash
Siddhartha Bank has proposed a total dividend of 10.53 percent. This includes a 5 percent bonus share and a 5.53 percent cash dividend (including tax). The bank will close its books on Kartik 17, meaning shareholders who hold shares before that date will be eligible for the dividend and can attend the upcoming general meeting.
Global IME Bank announces 8 percent cash dividend
Global IME Bank has decided to distribute an 8 percent cash dividend (including tax) for the fiscal year. The bank’s 19th annual general meeting will take place on Kartik 26 at Nepal Academy, Kamaladi. The book closure date is set for Kartik 16, making only shareholders before that date eligible.
Standard Chartered Bank focuses on cash
Standard Chartered Bank has declared a 19 percent cash dividend from its profits. However, the bank has not yet confirmed its book closure date for dividend eligibility.
Citizens Bank with bonus shares
Citizens Bank has announced a total dividend of 5.26 percent, which includes 5 percent bonus shares and 0.263 percent cash dividend for tax purposes. The book closure date is Kartik 17. Shareholders who hold shares before that date will qualify.
Sanima Bank goes with full cash dividend
Sanima Bank has decided to give a total dividend of 7.36 percent, entirely in cash. The book closure was set for Asoj 27, meaning only shareholders listed before that day will receive the dividend.
Everest Bank among the top payers
Everest Bank has declared a total dividend of 20 percent, including 6 percent bonus shares and 14 percent cash. The book closure was already done on Asoj 24, and the 31st annual general meeting is scheduled for Kartik 12 at Amrapali Banquet, Bhatbhateni.
Machhapuchchhre Bank maintains balance
Machhapuchchhre Bank has distributed a total of 8 percent dividend equally divided between 4 percent bonus shares and 4 percent cash. The bank has already completed its general meeting.
With multiple banks offering a mix of bonus and cash dividends, shareholders are now eyeing their returns and future market moves. While some banks are rewarding loyal investors with solid payouts, others seem more conservative due to market pressures and regulatory caps.
