Chhimek Laghubitta declares 40% stock & 10% cash dividend; paid up capital to reach Rs 59.57 crore
Tue, Oct 6, 2015 5:04 PM on Latest, Dividend, Bonus & Rights, Featured, Stock Market,
The 169th BOD Meeting of Chhimek Laghubitta Bikas Bank Limited (CBBL) held on Ashwin 18, 2072, has proposed distribution of 40% Stock Dividend (Bonus Shares) and 12.7% Cash Dividend (2.7% for Tax Purpose) to their Shareholders from the net profit of last fiscal year. It is subject to the approval from NRB and its upcoming AGM.
The company had recently offered 50% right shares to its shareholders.
The company had a paid up capital of Rs 28.36 crore and after adjusting right shares the paid up capital stands at Rs 42.55 crore. After the issuance of 40% bonus share the paid up capital will reach Rs 59.57 crore.
Chhimek Laghubitta had a net profit of Rs 28.74 crore in fourth quarter of last fiscal year. Its net worth per share stood at Rs 193.96 and earnings per share at Rs 101.34.
From the profit of fiscal year 2070/71, the company had provided 35% bonus share and 10% cash dividend to its share holders.
The last trading price of CBBL stands at Rs 1870.
The company had recently offered 50% right shares to its shareholders.
The company had a paid up capital of Rs 28.36 crore and after adjusting right shares the paid up capital stands at Rs 42.55 crore. After the issuance of 40% bonus share the paid up capital will reach Rs 59.57 crore.
Chhimek Laghubitta had a net profit of Rs 28.74 crore in fourth quarter of last fiscal year. Its net worth per share stood at Rs 193.96 and earnings per share at Rs 101.34.
From the profit of fiscal year 2070/71, the company had provided 35% bonus share and 10% cash dividend to its share holders.
The last trading price of CBBL stands at Rs 1870.
