Nepal Infrastructure Bank (NIFRA) has declared a dividend to be
distributed to the shareholders from the accumulated profits till the end of
the last fiscal year.
Nepal Infrastructure Bank Limited (NIFRA) has proposed an 8.5% cash
dividend for the fiscal year 2077/78 of the existing paid-up capital. The
dividend will be distributed after it is approved by the Nepal Rastra Bank and
passed by the next annual general meeting.
A meeting of the bank's board of directors held on Ashwin 04 Monday
decided to distribute the cash dividend from the paid-up capital of Rs. 20
Arba.
The bank’s EPS stood at Rs. 4.18 and net worth per share stood at Rs.
112. The company traded at a P/E multiple of 117.64 times.
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