Everest’s 60pc Dividend Approved

The proposal to distribute 60 per cent dividend to the shareholders has been endorsed by the 19th Annual General Assembly (AGM) of the Everest Bank. The AGM of the Everest Bank held on October 9 made the decision to distribute 50 per cent cash dividend and 10 per cent bonus share to its share holders, according to the press release of the Bank. The shareholders congratulated the Board and the Management for declaring the highest cash dividend/bonus shares so far in the country for the financial year, adds the press release.