Garima Bikas Bank Announces Cash Dividend
Kathmandu, 5 Poush. Garima Bikas Bank Limited (GBBL) has announced a distribution of 5% cash dividend (including tax) from the profits of the last fiscal year.
The proposal was passed in the board meeting held on Poush 5. This dividend will be distributed to shareholders after approval from the Nepal Rastra Bank and passing in the upcoming annual general meeting.
This year’s dividend has decreased by half compared to the previous year.
History of Dividend Distribution by Garima Development Bank
| No. | Bonus Dividend (%) | Cash Dividend (%) | Total Dividend (%) | Book Close | Fiscal Year |
|---|---|---|---|---|---|
| 1 | 0.0 | 5.00 | 5.00 | - | 2080/2081 |
| 2 | 9.5 | 0.5 | 10.00 | 2024-01-02 (closed) | 2079/2080 |
| 3 | 13.00 | 1.5 | 14.50 | 2022-12-23 (closed) | 2078/2079 |
| 4 | 16.00 | 0.00 | 16.00 | 2022-03-18 (closed) | 2077/2078 |
| 5 | 13.5 | 0.7105 | 14.21 | 2021-01-25 (closed) | 2076/2077 |
| 6 | 16.15 | 0.85 | 17.00 | 2019-11-29 (closed) | 2075/2076 |
| 7 | 10.00 | 3.75 | 13.75 | 2018-09-28 (closed) | 2074/2075 |
| 8 | 15.00 | 0.0 | 15.00 | 2017-12-29 (closed) | 2073/2074 |
| 9 | 20.00 | 0.0 | 20.00 | 2017-02-03 (closed) | 2072/2073 |
| 10 | 20.00 | 0.0 | 20.00 | 2015-12-29 (closed) | 2071/2072 |
| 11 | 20.00 | 1.05 | 21.05 | 2014-11-11 (closed) | 2070/2071 |
| 12 | 20.00 | 5.00 | 25.00 | 2013-09-19 (closed) | 2069/2070 |
| 13 | 10.00 | 15.00 | 25.00 | 2012-10-05 (closed) | 2068/2069 |
| 14 | 0.00 | 18.00 | 18.00 | 2011-11-22 (closed) | 2067/2068 |
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