Kathmandu: The Bank of Kathmandu (BOKL) has proposed a 20.95% dividend for the fiscal year 2078/79 BS.
The 236th meeting of the Board of Directors decided to distribute the 20.95% dividend from its paid-up capital. 14.95% cash dividend and 6% bonus shares have been proposed.
The proposal is subject to approval from Nepal Rastra Bank and its upcoming 28th Annual General Meeting. The company is in the process of merger with Global IME Bank Limited at 1:1 swap ratio.
