Dividend History of Mega Bank Nepal Limited (MEGA)
Mega Bank Nepal (MEGA) has an average dividend history of 11.28% per year within the last nine fiscal years. Mega Bank has distributed dividend ranging from 7.85% to as high as 13.95% in a single year during this period. It has provided dividends including both bonus shares and cash dividend to its shareholders.
Mega Bank Nepal’s dividend history when compared to other financial institutions is not satisfactory and is very low which can be seen in the table below. Now Mega Bank Nepal has merged with Nepal Investment Bank and is being traded as NIMB.
Dividend History of Mega Bank Nepal Limited (MEGA)
The table below presents the dividend history of Mega Bank Nepal Limited (MEGA) since fiscal year 2068/69.
| Fiscal Year | Bonus Share (%) | Cash Dividend (%) | Total Dividend (%) |
|---|---|---|---|
2077/78 |
10 |
2.07 |
12.07 |
2076/77 |
10 |
3.05 |
13.05 |
2075/76 |
N/A |
11.75 |
11.75 |
2074/75 |
1 |
6.85 |
7.85 |
2073/74 |
10.7539 |
10.7539 | |
2072/73 |
13.25 |
0.7 |
13.95 |
2071/72 |
10 |
0.53 |
10.53 |
2070/71 |
12 |
0.63 |
12.63 |
2069/70 |
N/A |
9 |
9 |
About the Company
Mega Bank Nepal Limited (MEGA) is one of the commercial bank of Nepal with an Authorized Capital of NPR 17 Billion, Issued Capital of NPR 16.12 Billion and Paid-Up Capital of NPR 16.12 Billion. Mega Bank commenced its operations from 7th Shrawan 2067 B.S. and has 208 branches across the country. The Bank has created a separate Mega Micro Banking unit to provide Micro Finance services to the low income and deprived populace of the country.
Mega Bank Nepal had 161,204,615 units shares listed in Nepal Stock Exchange (NEPSE) and now after the merger with Nepal Investment Mega Bank, it is being traded as NIMB.
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