Miteri Development Bank Declares 13% Dividend Worth Rs 11.74 Crores for FY 2078/79
2022-12-05
Miteri Development Bank Limited (MDB) has proposed a 13% dividend worth Rs. 11.74 Crores for the fiscal year 2078/79.
The 224th meeting of the board of directors held on Mangsir 19, 2079 decided to distribute a 13% dividend on the paid-up capital of Rs. 90.34 Crores. 12.35% bonus shares worth Rs. 11,15,73,366.67 and 0.65% cash dividend (including tax) worth Rs 58,72,282.46 have been proposed.
The dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming AGM.