Sabaiko Laghubitta (SABSL) Proposes 11.05% Dividend; How much in Bonus shares and Cash?

Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has proposed the dividend for the fiscal year 2076/77.

The 80th meeting of the board of directors held on Magh 17 has proposed an 11.05% dividend from the paid-up capital maintained as of Ashad's end, 2077. The paid-up capital as of Ashad's end, 2077 was Rs. 18,64,50,000. Since 10.5% bonus shares and 0.55% cash dividend is distributed, the bonus shares are worth Rs. 1,95,77,250 and the cash dividend is worth Rs. 10,30,381.58.

Note that the dividend will only be distributed after approval by Nepal Rastra Bank and endorsement by the company's upcoming AGM.

As of writing, the LTP of the company stands at Rs. 1,451. In the fiscal year 2075/76, the company had given 13% bonus shares and 0.68% cash dividend as the dividend.