We have information on the Dividend History of NIC Asia Bank (NICA). It is one of the leading commercial banks in Nepal.
NIC Asia Bank is one of the best commercial banks in Nepal. The bank was established on 30th May 1997 with a paid-up capital of Rs. 500 million. Similarly, the bank got “Bank of the Year 2013-Nepal” for serving customers.
The bank is serving its customers with 360 branches and 671 ATMs throughout the country. Moreover, it has 118 extension counters and 51 branchless banking.
Dividend History of NIC Asia Bank (NICA)
Following is the information on bonus share and cash dividend history of NICA.
| Fiscal Year | Cash Dividend | Bonus Share | Total Dividend | Right Share |
|---|---|---|---|---|
| 2079/80 | 1.52% | 29.00% | 30.52% | |
| 2076/77 | 1.0% | 19.0% | 20.0% | |
| 2075/76 | 11.05% | 10.0% | 21.05% | |
| 2074/75 | 0.53% | 10.0% | 10.53% | |
| 2073/74 | 1.05% | 20.0% | 21.05% | |
| 2072/73 | 1.37% | 26.0% | 27.37% | 15% |
| 2071/72 | 2.05% | 39.0% | 41.05% | 25% |
| 2070/71 | 15% | 15% | 30% | |
| 2069/70 | 20.0% | 20.00% | ||
| 2068/69 | 25.0% | 25.00% | ||
| 2067/68 | 20.0% | 20.00% |
As per the data in the table, the bank has good dividend history so far. The bank did not distribute dividends in FY 2078/79. Similarly, the bank distributed a 30.52% dividend of which 29% was a bonus share and a 1.52% cash dividend for tax purposes. If we look in history then the bank has issued the right share to its shareholder to increase the paid-up capital.
Other Important Links
Frequently Asked Questions
a. Bonus share of NIC Asia Bank (NICA)?
= As per the FY 2079/80, the bonus share of NIC Asia Bank is 29.00%.
Dividend History of Other Commercial Banks