Standard Chartered Bank dividend and bonus share: How much?

Standard Chartered Bank Limited has announced good news for its investors. The bank has decided to distribute cash dividend to its shareholders from the profit of the last fiscal year. However, it will not issue any bonus shares this time.

Standard Chartered Bank dividend details

From the decision that was made during the board meeting held on Ashoj 31.

• Cash Dividend: 19%
• Bonus share: 0%

The proposed dividend will be given only after approval from the Nepal Rastra Bank and the upcoming annual general meeting.

Currently, the share price of Standard Chartered Bank Limited stands at Rs. 613 per share. Once the approvals are completed, shareholders will receive the 19% cash dividend directly in their accounts.