A total of 25 companies listed on the Nepal Stock Exchange (NEPSE) have announced dividends for the last fiscal year ahead of the Tihar festival. By Kartik 2, companies from different sectors had declared dividends ranging from 5 percent to as high as 1,842 percent. The Gen Z protest that took place on Bhadra 23 and 24 delayed the capital market for about a week. Because of that, many companies had to postpone their annual general meetings (AGMs), which also pushed back the dividend distribution schedule.
This year, most companies have chosen to give bonus shares instead of cash dividends. So far, only a few companies like Machhapuchhre Bank, Manjushree Finance, Sanima Bank, and Bhagawati Hydropower have completed their AGMs and already given out cash dividends. In total, seven commercial banks, four development banks, five hydropower companies, two investment companies, three manufacturing firms, two microfinance institutions, and one each from the finance and other sectors have announced dividends.
Unilever Nepal once again announced the highest dividend, declaring an impressive 1,842 percent in cash from last year’s profit. The company has not yet announced its book closure date. Hathway Investment Nepal completed its AGM on Bhadra 31, while Machhapuchhre Bank held its meeting on Asoj 10 and distributed 4 percent cash and 4 percent bonus shares, making 8 percent in total. Kamana Sewa Development Bank and Universal Power Company closed their books on Asoj 8 and held AGMs on Asoj 24 and Asoj 23. Nepal Lube Oil Limited also completed its AGM on Asoj 31. Sanima Bank finished its AGM on Kartik 2, while Bhagawati Hydropower held its meeting the same day, declaring 14 percent bonus and 6 percent cash dividends. Muktinath Development Bank will hold its AGM on Kartik 15, and Everest Bank on Kartik 12.
| S.N. | Company | Symbol | Bonus | Cash | Total | Sector | Book Close |
|---|---|---|---|---|---|---|---|
| 1 | Hathway Investment Nepal Ltd. | HATHY | 12.00 | 0.63 | 12.63 | Investment | 29-Aug-25 |
| 2 | Machhapuchhre Bank | MBL | 4.00 | 4.00 | 8.00 | Commercial Bank | 12-Sep-25 |
| 3 | Kamana Sewa Bikash Bank | KSBBL | 10.00 | 5.79 | 15.79 | Development Bank | 24-Sep-25 |
| 4 | Universal Power Co. Ltd. | UPCL | 9.00 | 0.47 | 9.47 | Hydropower | 24-Sep-25 |
| 5 | Nepal Lube Oil Ltd. | NLO | 20.00 | 1.05 | 21.05 | Manufacturing and Processing | 28-Sep-25 |
| 6 | Bhagawati Hydropower | BGWT | 14.00 | 6.00 | 20.00 | Hydropower | 7-Oct-25 |
| 7 | Manjushee Finance | MFIL | 17.00 | 17.00 | Finance | 8-Oct-25 | |
| 8 | Everest Bank | EBL | 6.00 | 14.00 | 20.00 | Commercial Bank | 10-Oct-25 |
| 9 | Sanima Bank | SANIMA | 7.37 | 7.37 | Commercial Bank | 13-Oct-25 | |
| 10 | Muktinath Bikash Bank Ltd. | MNBBL | 13.53 | 4.67 | 18.20 | Development Bank | 17-Oct-25 |
| 11 | Unilever Nepal Ltd | UNL | 1842.00 | 1842.00 | Manufacturing and Processing | 28-Oct-25 | |
| 12 | Gurans Laghubitta | GLBSL | 14.25 | 0.75 | 15.00 | Microfinance | 31-Oct-25 |
| 13 | Muktinath Krishi Co. Ltd. | MKCL | 8 | 0.42 | 8.42 | Others | 31-Oct-25 |
| 14 | Global IME Bank | GBIME | 8 | 8 | Commercial Bank | 2-Nov-25 | |
| 15 | Citizens Bank International | CZBIL | 5.00 | 0.26 | 5.26 | Commercial Bank | 3-Nov-25 |
| 16 | Siddhartha Bank | SBL | 5.00 | 0.63 | 5.63 | Commercial Bank | 3-Nov-25 |
| 17 | Standard Chartered Bank Nepal | SCB | 29 | 29 | Commercial Bank | ||
| 18 | Garima Bikash Bank Ltd. | GBBL | 6 | 4.53 | 10.53 | Development Bank | |
| 19 | Miteri Development Bank | MDB | 10 | 10 | Development Bank | ||
| 20 | Arun Valley Hydropower Co. Ltd. | AHPC | 8 | 0.42 | 8.42 | Hydropower | |
| 21 | Mid Solu Hydropower Ltd | MSML | 15.00 | 0.79 | 15.79 | Hydropower | |
| 22 | Sikles Hydropower | SIKLES | 15.00 | 0.79 | 15.79 | Hydropower | |
| 23 | Nepal Infrastructure Bank | NIFRA | 6.00 | 0.32 | 6.32 | Investment | |
| 24 | Himalayan Distillery Ltd. | HDL | 20 | 5 | 25 | Manufacturing and Processing | |
| 25 | RSDC Laghubitta | RSDC | 8.00 | 8.00 | Microfinance |
Among commercial banks, Everest Bank has announced the highest return this year, offering 14 percent cash and 6 percent bonus shares for a total of 20 percent. Machhapuchhre Bank distributed 4 percent cash and 4 percent bonus, totaling 8 percent. Sanima Bank will give 7.37 percent cash, while Citizens Bank declared 5 percent bonus and 0.26 percent cash, totaling 5.26 percent. Siddhartha Bank proposed 5 percent cash and 5.53 percent bonus, making 10.53 percent in total. Standard Chartered Bank will distribute 19 percent cash, and Global IME Bank has declared 8 percent cash dividend.
Among development banks, Muktinath Development Bank declared 4.67 percent cash and 13.53 percent bonus shares, making a total of 18.20 percent. Kamana Sewa Development Bank announced 5.79 percent cash and 10 percent bonus, totaling 15.79 percent. Garima Development Bank proposed 4.53 percent cash and 6 percent bonus, totaling 10.53 percent, while Miteri Development Bank announced a 10 percent cash dividend. In the finance sector, Manjushree Finance declared a 15 percent cash dividend.
In the microfinance sector, Guras Laghubitta and RSDC Laghubitta have both announced dividends. Guras declared 14.25 percent bonus shares and 0.75 percent cash for tax purposes, while RSDC announced 8 percent cash dividend. Guras will close its book on Kartik 14 and hold its AGM on Kartik 23. In the hydropower sector, most companies declared both bonus and small cash dividends for tax purposes. Sikles and Mid-Solu Hydropower each declared 15 percent bonus shares and 0.789 percent cash, making 15.789 percent in total. Arun Valley Hydropower declared 8 percent bonus and 0.42 percent cash, totaling 8.42 percent. Universal Power Company announced 9 percent bonus and 0.47 percent cash, totaling 9.47 percent, while Bhagawati Hydropower declared 14 percent bonus and 6 percent cash, totaling 20 percent.
From the investment sector, Hathway Investment Nepal distributed 12 percent bonus and 0.63 percent cash, totaling 12.63 percent. Nepal Infrastructure Bank, the country’s only infrastructure-focused bank, has proposed a 6 percent cash dividend this year after skipping dividends last year.
In the manufacturing and production sector, Unilever Nepal, Nepal Lube Oil, and Himalayan Distillery have also announced dividends. Nepal Lube Oil declared 20 percent bonus and 1.053 percent cash, making 21.053 percent in total. Himalayan Distillery announced 20 percent bonus and 5 percent cash dividends. From the agriculture sector, Muktinath Krishi Company declared 8 percent bonus and 0.42 percent cash, totaling 8.42 percent.
Overall, as Tihar approaches, 25 listed companies have rewarded their shareholders with a mix of bonus and cash dividends. Despite the delays caused by the Gen Z protest and postponed AGMs, the overall sentiment in the market appears positive.
Also Read: NEPSE Dividend Update 2082: Latest NEPSE Listed Company Dividend News