Chhimek Laghubitta (CBBL) proposes 29% Dividend for Fiscal Year 2076/77: How much in Bonus Shares and Cash?

Thu, Dec 3, 2020 10:16 AM on Dividend, Bonus & Rights, Latest,

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has proposed a 29% dividend for the fiscal year 2076/77.

The 253rd meeting of the board of directors held on Mangsir 17 has proposed a 22% bonus shares and 7% cash dividend from the paid-up capital for the fiscal year 2076/77. The dividend will be distributed from the paid-up capital of Rs. 1,50,00,00,000. Thus, the bonus shares amounting to Rs. 33,00,00,000 and cash dividend amounting Rs. 10,50,00,000 will be distributed.

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 on the last trading day stands at Rs. 1,452.

Dividend History