Agriculture Development Bank has announced a dividend for its shareholders from the profits of the fiscal year 2081-82.

• The Board of Directors, in its meeting held on Kartik 19, decided to distribute 13% dividend on the bank’s current paid-up capital.
• This includes 3.25% bonus shares and applicable taxes, making the effective dividend payout 9.75%.

Additionally, the bank decided to distribute 6% cash dividend on the currently issued non-redeemable preference shares.

The dividend will be distributed after approval by the Annual General Meeting (AGM) and endorsement from the Nepal Rastra Bank.