Fiscal year 2022-2023

NEPSE dividends for 2079-80.

65 listed companies declared 66 dividends for fiscal year 2079-80. 45 carried a cash component and 35 issued bonus shares, and 1 came with a rights issue. Every figure below is a percentage of paid-up value, as declared, with the book closure date that decides who receives it.

The largest cash dividend of the year came from Nepal Doorsanchar Company Limited at 40%. The largest bonus issue was NIC Asia Bank Ltd. at 29%. A high headline percentage is not the same as a high yield: these are percentages of the share's paid-up value, so a company trading far above par returns less to a buyer at today's price than the number suggests.

Dividend declarations for fiscal year 2079-80, largest total first
SymbolCompanyCashBonusTotalBook close
NTCNepal Doorsanchar Company Limited40%n/a40%24 December 2023
SHLSoaltee Hotel Limited26.579%5%31.579%21 November 2023
NICANIC Asia Bank Ltd.1.526%29%30.526%16 September 2023
HDLHimalayan Distillery Limited15%10%25%5 December 2023
NLICNepal Life Insurance Co. Ltd.21.05%n/a21.05%3 June 2024
EBLEverest Bank Limited10.53%10%20.53%17 September 2023
SKBBLSana Kisan Bikas Laghubitta Bittiya Sanstha Limited5%15%20%11 December 2023
SCBStandard Chartered Bank Limited19%n/a19%31 October 2023
SRLISanima Reliance Life Insurance Limitedn/a18.381%18.381%17 September 2024
RNLIReliable Nepal Life Insurance Limited0.84%16%16.84%11 January 2024
MENMountain Energy Nepal Limited0.79%15%15.79%9 January 2024
STCSalt Trading Corporation0.79%15%15.79%12 January 2024
CBBLChhimek Laghubitta Bittiya Sanstha Limited10%5%15%13 December 2023
CHCLChilime Hydropower Company Limited5%10%15%11 December 2023
FMDBLFirst Micro Finance Laghubitta Bittiya Sanstha Limited7.5%7.5%15%1 December 2023
GCILGhorahi Cement Industry Limitedn/a15%15%24 December 2023
SARBTMSarbottam Cement Limited15%n/a15%3 April 2024
CITCitizen Investment Trust0.737%14%14.737%16 June 2024
SANIMASanima Bank Limited5.7%9%14.7%17 September 2023
SHIVMSHIVAM CEMENTS LTDn/a14.25%14.25%20 December 2023
HLIHimalayan Life Insurance Limitedn/a14%14%20 January 2025
MBLMachhapuchhre Bank Limited0.7%13.3%14%31 August 2023
NLICLNational Life Insurance Co. Ltd.10%4%14%14 July 2024
SWBBLSwabalamban Laghubitta Bittiya Sanstha Limited0.651%12.36%13.011%19 October 2023
SHINEShine Resunga Development Bank Ltd.0.55%10.5%11.05%12 October 2023
NABILNabil Bank Limited11%n/a11%24 November 2023
UAILUnited Ajod Insurance Limited0.54%10.261%10.801%22 January 2024
SBINepal SBI Bank Limited6.8%3.75%10.55%21 November 2023
NICLNepal Insurance Co. Ltd.0.526%10%10.526%27 November 2023
MNBBLMuktinath Bikas Bank Ltd.0.513%9.75%10.263%24 December 2023
GBBLGarima Bikas Bank Limited0.5%9.5%10%22 December 2023
GBIMEGlobal IME Bank Limited8%1%9%6 November 2023
LBBLLumbini Bikas Bank Ltd.4.5%4%8.5%13 December 2023
ALICLAsian Life Insurance Co. Limited0.408%7.75%8.158%5 February 2024
ALICLAsian Life Insurance Co. Limited0.408%7.75%8.158%29 January 2024
MLBLMahalaxmi Bikas Bank Ltd.6.4%n/a6.4%21 December 2023
CZBILCitizens Bank International Limited5.79%n/a5.79%18 September 2023
NLGNLG Insurance Company Ltd.0.289%5.5%5.789%15 January 2024
BHDCBindhyabasini Hydropower Development Company Limited5.263%n/a5.263%21 December 2023
HIDCLHydorelectricity Investment and Development Company Ltd5.263%n/a5.263%22 December 2023
MFILManjushree Finance Ltd.5.263%n/a5.263%3 December 2023
SADBLShangrila Development Bank Ltd.0.263%5%5.263%22 October 2023
SIFCShree Investment Finance Co. Ltd.5.05%n/a5.05%14 December 2023
BPCLButwal Power Company Limited5%n/a5%18 December 2023
NRICNepal Reinsurance Company Limited0.25%4.75%5%17 April 2024
PRINPrabhu Insurance Ltd.0.25%4.75%5%5 March 2024
NIFRANepal Infrastructure Bank Limited4.211%n/a4.211%8 November 2023
HRLHimalayan Reinsurance Limited0.21%4%4.21%11 February 2024
SBLSiddhartha Bank Limited4.21%n/a4.21%14 October 2023
ADBLAgricultural Development Bank Limitedn/an/a010 February 2024
CFCLCentral Finance Co. Ltd.n/an/a019 February 2024
GFCLGoodwill Finance Limitedn/an/a025 December 2023
HBLHimalayan Bank Limitedn/an/a021 December 2023
JBBLJyoti Bikas Bank Limitedn/an/a021 December 2023
KBLKumari Bank Limitedn/an/a016 December 2023
KSBBLKamana Sewa Bikas Bank Limitedn/an/a09 November 2023
LICNLife Insurance Corporation (Nepal) Limitedn/an/a01 May 2024
MPFLMultipurpose Finance Company Limitedn/an/a05 January 2024
NBLNepal Bank Limitedn/an/a022 December 2023
NIMBNepal Investment Mega Bank Limitedn/an/a04 February 2024
NMBNMB Bank Limitedn/an/a01 December 2023
PCBLPrime Commercial Bank Ltd.n/an/a020 December 2023
PRVUPrabhu Bank Limitedn/an/a024 January 2024
SGICSanima GIC Insurance Limitedn/an/a026 January 2024
SINDUSindhu Bikash Bank Ltdn/an/a017 January 2024
SPDLSynergy Power Development Ltd.n/an/a025 December 2023

Common questions

About 2079-80 dividends.

65 listed companies declared 66 dividends for fiscal year 2079-80 (2022-2023) among the symbols Punji tracks. 45 included a cash component and 35 included bonus shares.

Nepal Doorsanchar Company Limited (NTC) declared the largest total for 2079-80 at 40% of paid-up value, all of it cash.

A cash dividend pays rupees into your bank account and is taxed at 5 percent for individuals. Bonus shares issue new shares instead, so your holding grows while the price adjusts down for the extra shares. Both are quoted as a percentage of the paid-up value of the share, not of its market price, which is why a 100 rupee paid-up share paying 10 percent pays 10 rupees rather than 10 percent of what you paid for it.

The book closure date is the cut-off. You must hold the share, settled in your DEMAT, before books close to receive that declaration. Buying on or after the book close date means the previous holder receives it, not you.

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