Dividend History of NIC ASIA Bank Limited (NICA)
Over the past twelve fiscal years, NIC ASIA Bank (NICA) has distributed a total dividend of 221.566%, which includes 168% in bonus shares and 56.56% in cash dividends. The bank’s annual dividend payout has ranged between 10.526% and 40.05%, showing a relatively steady approach to shareholder returns.
However, the bank did not distribute any dividends in three of the last four fiscal years. In recent years, several negative news reports have also circulated regarding the bank’s performance and operational strategies, raising concerns among investors about its long-term direction. Nic Asia Bank has also decided not to distribute any dividend to its shareholders for the fiscal year 2080/81.
Dividend History of NIC Asia Bank (NICA)
The table below presents the dividend history of NIC Asia Bank (NICA) since fiscal year 2061/62:
| Fiscal Year | Bonus Share (%) | Cash Dividend (%) | Total Dividend (%) |
|---|---|---|---|
2080/81 |
N/A |
N/A |
N/A |
2079/80 |
29 |
1.52 |
30.52 |
2078/79 |
N/A |
N/A |
N/A |
2077/78 |
N/A |
N/A |
N/A |
2076/77 |
19 |
1 |
20 |
2075/76 |
10 |
11.05 |
21.05 |
2074/75 |
10 |
0.526 |
10.526 |
2073/74 |
20 |
1.05 |
21.05 |
2072/73 |
26 |
1.37 |
27.37 |
2071/72 |
39 |
2.05 |
41.05 |
2070/71 |
15 |
15 |
30 |
2069/70 |
– |
20 |
20 |
About the Company
NIC ASIA Bank (NICA) is one of the leading commercial bank of Nepal with paid-up capital of Rs 11.56 Arab. The bank now was formed as a merger between NIC Bank and Bank of Asia in 2013. The bank has 359 branches all over the country and is one of the largest bank in the country.
