Dividend History of Laxmi Bank Limited (LBL)
Laxmi Bank Limited (LBL) has distributed dividends at an average rate of 12.51% per year over the past eleven fiscal years. Compared to many other companies listed on the Nepal Stock Exchange (NEPSE), this reflects a reasonably consistent performance.
The bank has primarily distributed dividends in the form of bonus shares, with occasional cash dividends. The highest dividend during this period was 21.05% in FY 2070/71, which included 20% bonus shares and 1.05% cash dividend. Over the years, Laxmi Bank’s dividend payout has ranged from 0% to 21.05%, showing a moderate and steady approach to shareholder returns based on its annual performance.
Now Laxmi bank has merged with Sunrise bank and is being traded as LSL in NEPSE.
Dividend History of Laxmi Bank ( LBL)
The table below presents the dividend history of Laxmi bank (LBL) since FY 2068/69:
| Fiscal Year | Bonus Share (%) | Cash Dividend (%) | Total Dividend (%) |
|---|---|---|---|
2077/78 |
8 |
3.5 |
11.5 |
2076/77 |
9 |
2.5 |
11.5 |
2075/76 |
10 |
5 |
15 |
2074/75 |
8.5 |
0.45 |
8.95 |
2073/74 |
10 |
0.53 |
10.53 |
2072/73 |
18.29 |
N/A |
18.29 |
2071/72 |
N/A |
N/A |
N/A |
2070/71 |
20 |
1.05 |
21.05 |
2069/70 |
15 |
N/A |
15 |
2068/69 |
N/A |
10 |
10 |
2067/68 |
5 |
15.79 |
15.79 |
About the Company
Laxmi Bank Limited (LBL) is a “A” class commercial bank of Nepal established in April 2002. Laxmi Bank has merged with several finance companies and development banks till date and has a market capitalization of NPR 22.29 Billion at present. 51% of the ownership is held by promoters group and 49% by general public. The bank has 115,513,451 unit shares listed in NEPSE and is traded as LBL in share market.
Read More
