First Microfinance Laghubitta has proposed to distribute an 11.0526 percent cash dividend to its shareholders from the profits earned in the fiscal year 2082/83.
The decision was made during the 259th meeting of the board of directors held on Tuesday, Asoj 27. The company calculated this proposal based on the total paid-up capital of 1 arba 34 crore 48 lakh 71 thousand 323 rupees which was maintained until the end of Ashar 2083.
Dividend Details
According to the company, they will distribute a total amount of 14 crore 86 lakh 43 thousand 673 rupees, and this amount included the tax that need to be paid on the cash dividend. For this year, the company not proposed any bonus shares to the shareholders.
The proposed dividend will be provided after getting approval from the Nepal Rastra Bank. Once the central bank gives the green light, the proposal will be presented in the upcoming annual general meeting for the final approval.
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.
