Chhimek Laghubitta announces 40% dividend; Shareholders to receive 18% bonus shares & 22% cash dividend

Fri, Sep 14, 2018 11:41 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Chhimek La...

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has announced 40% dividend for its shareholders from the net profit of FY 2074/75.

As per the notice published in NEPSE, the microfinance company has announced 18% bonus shares worth Rs 18 crore and 22% cash dividend worth Rs 22 crore for the shareholders.

The decision is subject to approval from Nepal Rastra Bank and upcoming AGM of the company.

After the adjustment of bonus shares, the company’s paid-up capital will reach Rs 1.18 arba

For the FY 2073/74 the microfinance company had distributed 19.89% bonus shares and 25.11% cash dividend.