Agricultural Development Bank announces 20% bonus ; 6% cash dividend to preference shareholders

The board meeting held on poush 17 has notify 20% bonus to its shareholders and 1.053% cash dividend for tax purpose, also has announced 6% cash divided to preference shareholders. The decision will be implemented on getting approval from central bank and upcoming AGM.

Agricultural Development Bank Limited (ADBL) has current paid-up capital of Rs 7.08 arba, after 20% bonus it will rise to 8.49 arba.

The company has posted net profit of Rs 363.75 million in first quarter. 

Last traded price was Rs 414.