Sanima Bank Dividend History Updated in 2023

Sanima Bank Dividend History

Welcome to this informative article which is all about the Sanima Bank dividend history. Sanima Bank is one of the prominent commercial banks in Nepal.

Brief About Sanima Bank

In 2004 Sanima Bank launched as a National Level Development Bank. Sanima Bank is elevated to a "A" Class Commercial Bank as of February 2012. Its registered office is in Kathmandu's Alakapuri at Naxal. Businessmen from Nepal who are not residents of the country popularly known as NRN, promote the bank.

Since its inception, the bank has strived to provide high level of banking services ensuring customer satisfaction through personalized solutions and technological advancements.

Dividend History of Sanima Bank Limited with Analysis

The dividends paid out by Sanima Bank Limited since athe fiscal year 2065/66 are shown below. The dividend history of Sanima Bank Limited presented here is updated by including all years.

Total

Bonus %

Cash %

Fiscal Year

10.98%

10%

0.98%

2078/2079

17.89%

17%

0.89%

2077/2078

13.60%

10%

3.60%

2076/2077

21.05%

10%

11.05%

2075/2076

14%

0%

14%

2074/2075

16%

16%

0%

2073/2074

15.79%

15%

0.79%

2072/2073

21.05%

20%

1.05%

2071/2072

15.79%

15%

0.79%

2070/2071

10.53%

10%

0.53%

2069/2070

5.50%

0%

5.50%

2068/2069

7.00%

0%

7.00%

2067/2068

10.00%

0%

10.00%

2066/2067

5.00%

5%

0.00%

2065/2066

By analyzing the Sanima Bank dividend history, it is seen that the dividend provided by Sanima Bank over the past years is satisfactory and consistent.

Sanima Bank Limited has given 21.05% as the highest dividend to the investors. 5% is the lowest dividend provided by Sanima Bank Limited to investors in the fiscal year 2065/066. 

In the fiscal year 2078/079, the bank distributed a total of 10.98% dividend including 10% bonus and 0.98% cash dividend. The previous year, 2077/2078 saw a dividend payout of 17.89% including 17% bonus and 0.89% cash dividend. Notably, in 2076/2077, the bank allocated a dividend of 13.60%, with a 10% bonus component and a significant 3.60% cash dividend.

The dividend structure changed over the years. In 2075/2076, Sanima Bank declared a dividend of 21.05%, of which 10% was in the form of bonus and a substantial 11.05% in the form of cash dividend. The financial year 2074/2075 saw a cash dividend of 14% without the bonus component. Similarly, in 2073/074, the bank issued only 16 percent dividend as bonus shares.

Over the years, the dividend structure has varied, with examples of both bonuses and cash dividends. Notable trends include higher cash dividends in certain years reflecting the bank's financial performance and strategies. Overall, this dividend history demonstrates the bank's commitment to delivering returns to its shareholders while adapting its dividend approach based on prevailing conditions and business objectives.

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