DCBL Bank Limited has decided to provide 5 percent bonus share and applicable tax amount on the bonus shares as cash dividend after the BOD meeting scheduled on 16th September 2009 (2066 Bhadra 31). The dividend from the profit of fiscal year 2065/66 will be distributed after the central bank and its upcoming AGM make consent or approved the proposal.
According to the fourth quarter financial report of the bank, it has earned Rs. 103.055 million net profit along with Rs. 165.044 million as operating profit. Currently, the bank has Rs. 1.655 billion paid up capital and Rs. 218.561 million in its reserve and surplus. The fourth quarter company analysis of the bank states that, it has Rs. 6.24 as earning per share, price earnings ratio of 73.29, liquidity 26.27, return on total asset 1.16 and RS. 113.20 as net worth per share.
Source:Jamb News Service
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