Global IME Microfinance Financial Institution has announced a proposal to distribute a 9.5 percent dividend to its shareholders from the profits earned in the last fiscal year 2082/83.
The decision to provide this dividend was made during the 230th meeting of the company board of directors held on Ashwin 12. The proposal includes 6 percent bonus shares and 3.5 percent cash dividend for tax purposes.
Details of the Dividend
By the end of Ashad 2083, the paid-up capital of the company stood at 64 crore 82 lakh 97 thousand 797 rupees and 22 paisa. For the 6 percent bonus shares, the company set aside 3 crore 88 lakh 97 thousand 867 rupees and 83 paisa. Similarly, the 3.5 percent cash dividend proposal accounts for 2 crore 26 lakh 90 thousand 422 rupees and 90 paisa, which covers the tax on the dividend amount.
The company informed that this dividend proposal will be send to Nepal Rastra Bank for approval. After getting the green light from the central bank, the company will distribute it once it is passed by the upcoming annual general meeting.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
