Prime Commercial Bank has declared an 8.421 percent dividend for its shareholders from the profits of the previous fiscal year. According to a decision by the board of directors, shareholders will receive an 8 percent bonus share along with a 0.421 percent cash dividend to cover tax obligations. The total dividend distribution amounts to Rs 1.63 billion. The proposal will require approval at the bank’s upcoming Annual General Meeting. Currently, Prime Commercial Bank shares are trading at Rs 248.40 per unit.
