Garima Bikas Bank Limited Proposes 5% Cash Dividend for FY 2080/81

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Garima Bikas Bank Limited Proposes 5% Cash Dividend for FY 2080/81

Garima Bikas Bank Limited (GBBL) has announced a 5% cash dividend proposal for its shareholders in the fiscal year 2080/81.

Dividend Details

During its 316th board meeting held on Poush 5, 2081, the bank’s board of directors decided to distribute a 5% dividend on its paid-up capital of Rs. 5.68 Arba. This includes the cash dividend for tax purposes, amounting to Rs. 28.40 Crores.

The dividend will be distributed following the necessary approvals from Nepal Rastra Bank and formal endorsement at the bank’s upcoming Annual General Meeting (AGM).

Dividend History:

S.N. Bonus Dividend (%) Cash Dividend (%) Total Dividend (%) Announcement Date Book Closure Date Distribution Date Bonus Listing Date Fiscal Year
1 5.00 5.00 2024-12-20 2080/2081
2 9.5 0.5 10.00 2023-12-21 2024-01-02 [Closed] 2024-02-12 2079/2080
3 13.00 1.5 14.5 2022-11-11 2022-12-23 [Closed] 2023-04-27 2078/2079
4 16.00 0.00 16.00 2022-01-06 2022-03-18 [Closed] 2077/2078
5 13.5 0.7105 14.21 2020-12-27 2021-01-25 [Closed] 2021-04-18 2076/2077
6 16.15 0.85 17.00 2019-11-21 2019-11-29 [Closed] 2020-02-02 2075/2076
7 10.00 3.75 13.75 2018-09-21 2018-09-28 [Closed] 2074/2075
8 15.00 15.00 2017-12-29 [Closed] 2073/2074
9 20.00 20.00 2017-02-03 [Closed] 2072/2073
10 20.00 20.00 2015-12-29 [Closed] 2071/2072
11 20.00 1.05 21.05 2014-11-11 [Closed] 2014-12-09 2070/2071
12 20.00 5.00 25.00 2013-09-19 [Closed] 2013-10-30 2069/2070
13 10.00 15.00 25.00 2012-10-05 [Closed] 2012-10-31 2068/2069
14 0.00 18.00 18.00 2011-11-22 [Closed] 2011-12-04 2067/2068

About Company: 

Garima Capital Limited is a SEBON-licensed Merchant Banker providing Portfolio Management Services (PMS) with a commitment to delivering exceptional investment solutions. Guided by a mission to achieve risk-adjusted performance and a vision of being a one-stop solution for financial and investment needs, the company emphasizes teamwork, integrity, and professionalism. It prioritizes client interests and upholds high standards in investment analysis, recommendations, and actions. With a collaborative and ethical work environment, Garima Capital aspires to be recognized as an excellent workplace while contributing to social and economic harmony in the community.