Kathmandu: Global IME Bank has announced a dividend for its shareholders. In its 446th board meeting held on October 7, the bank decided to distribute a 5.5 percent dividend in the form of bonus shares from the distributable profit and capital adjustment reserve for the fiscal year 2080/81.

The dividend distribution proposal is subject to approval from Nepal Rastra Bank and will be finalized at the upcoming 18th annual general meeting. Shareholders will receive the dividends after these formalities are completed.

Dividend History: The dividend trend of Global IME Bank over the past years is as follows:

• FY 2080/81: 0.00% cash, 5.50% bonus shares
• FY 2079/80: 8.00% cash, 1.00% bonus shares
• FY 2078/79: 10.60% cash, 3.00% bonus shares
• FY 2075/76: 12.75% cash, 12.75% bonus shares
• FY 2077/78: 3.50% cash, 10.00% bonus shares
• FY 2074/75: 0.00% cash, 16.00% bonus shares
• FY 2073/74: 10.00% cash, 10.00% bonus shares
• FY 2072/73: 0.00% cash, 16.00% bonus shares
• FY 2071/72: 0.00% cash, 23.00% bonus shares

The consistent issuance of dividends reflects the bank’s strong financial performance and commitment to providing returns to its shareholders.