Green Development Bank Limited (GRDBL) has announced a proposed 8.46274% dividend for the fiscal year 2081/82. The decision was made during the bank’s 238th board meeting held on Mangsir 10.

Under the proposal, shareholders will receive 8.0396% bonus shares and 0.42314% cash dividend (provided solely for tax purposes). With the bank’s current paid-up capital standing at Rs. 56.96 crore, the bonus shares amount to Rs. 4.58 crore, while the cash dividend totals Rs. 24.10 lakhs.

The proposed dividend is subject to approval from Nepal Rastra Bank and final endorsement by the company’s upcoming Annual General Meeting (AGM).

At the time of writing, GRDBL’s last traded price (LTP) stands at Rs. 1,118.00.