We have collected data on the Dividend History of the Agricultural Development Bank (ADBL).
Introduction:
Agricultural Development Bank (ADBL) is a Leading “A” class commercial bank in Nepal. In 1968, it was established as Agricultural development bank which was later converted into a commercial bank. The shareholding of the company is 51%: 49% from the government of Nepal and Individual investors respectively.
The bank’s corporate office is located in Kathmandu, Bagmati, Nepal. It is located in 7 provinces and 77 districts throughout the country.
The government of Nepal is the major shareholder of the bank. They have a shareholding of 51% which is the promoter share.
Dividend History of Agricultural Development Bank (ADBL)
Following is the detailed information on the dividend history
| S.N | Fiscal year | Cash Dividend | Bonus Share | Total Dividend | Right Share |
|---|---|---|---|---|---|
| 1 | 2077/78 | 1.05% | 20.00% | 21.05% | |
| 2 | 2076/77 | 0.78% | 15.00% | 15.78% | |
| 3 | 2075/76 | 24.00% | 6.00% | 30.00% | |
| 4 | 2074/75 | 15.05% | 6.00% | 21.05% | |
| 5 | 2073/74 | 1.05% | 20.00% | 21.05% | |
| 6 | 2072/73 | 1.05% | 20.00% | 21.05% | |
| 7 | 2071/72 | 0.79% | 15.00% | 15.79% | 50% |
| 8 | 2070/71 | 8.00% | 7.00% | 15.00% | |
| 9 | 2069/70 | 31.58% | 31.58% |
Note: All the data are taken from authentic sources. Many data are taken from the official websites of ADBL.
The bank has good dividend history so far. They have at least distributed 15% or above dividends to its shareholder. Once, they have distributed a 30% dividend of which 24% is a cash dividend and 6% is a bonus share. Similarly, in FY 2071/72, the company issued a 50% right share.
Other important Links:
a. EPS of the ADBL: CLICK HERE
b. EPS of commercial bank: CLICK HERE
c. Top 10 commercial bank: CLICK HERE
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