Agricultural Development Bank Limited (ADBL) has announced a 13% dividend proposal for the fiscal year 2081/82, rewarding its shareholders with both bonus shares and cash dividends.
Dividend Breakdown
According to the decision made by the Board of Directors (BoD), the dividend will be distributed on the bank’s paid-up capital of Rs. 13.85 arba. The proposed dividend includes:
- 3.25% bonus shares (stock dividend)
- 9.75% cash dividend (including tax)
The combined dividend totals 13% of the bank’s paid-up capital.
Regulatory Approval Pending
As per standard regulatory procedure, the proposed dividend distribution is subject to approval from Nepal Rastra Bank (NRB) and endorsement by the company’s upcoming Annual General Meeting (AGM). Only after receiving both approvals will the dividend be officially distributed to shareholders.
Market Snapshot
As of the latest trading session, ADBL shares were priced at Rs. 315.00 on the Nepal Stock Exchange (NEPSE). The proposed dividend announcement is expected to draw investor interest, given the bank’s consistent dividend history and solid market position in Nepal’s financial sector.
Summary
| Details | Information |
|---|---|
| Company | Agricultural Development Bank Limited (ADBL) |
| Fiscal Year | 2081/82 |
| Paid-up Capital | Rs. 13.85 Arba |
| Proposed Dividend | 13% |
| Bonus Shares | 3.25% |
| Cash Dividend (Incl. Tax) | 9.75% |
| Regulatory Approval | Pending from NRB and AGM |
| Current Market Price (LTP) | Rs. 315.00 |
Conclusion
Agricultural Development Bank Limited continues to uphold its commitment to delivering steady returns to shareholders. The proposed 13% dividend, combining both cash and bonus components, reflects the bank’s sustained profitability and strong financial foundation, even amid a challenging banking environment.