Standard Chartered Bank Declares 25.50% Dividend

Standard Chartered Bank Declares 25.50% Dividend

Standard Chartered Bank has announced a total dividend of 25.50% for its shareholders from last fiscal year’s profits. The Board of Directors’ meeting held on Tuesday, Kartik 13, approved the distribution of a 6.50% bonus share and a 19% cash dividend (including tax).

Dividend Structure: The bank will distribute a 6.50% bonus share and a 19% cash dividend (including tax).

Approval Requirement: This dividend proposal will be distributed to shareholders once it is approved by Nepal Rastra Bank and the bank’s upcoming annual general meeting.

Through this dividend, the bank aims to provide financial benefits to shareholders while strengthening its financial position.