Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has proposed a 3.68% dividend for the fiscal year 2076/77.
The 162nd meeting of the board of directors held on Poush 27 has decided to distribute 3.5% bonus shares and 0.18421% cash dividend (for tax purposes) from the paid-up capital. Since the paid-up capital of the company is Rs. 23,39,33,700, the bonus shares are worth Rs. 81,87,679.50 and the cash dividend is worth Rs. 4,30,930.50.
The aforementioned paid-up capital is obtained after adding the recently issued right shares to the company's paid-up maintained as of Ashad's end, 2077.
Note that this dividend will be distributed only after approval from Nepal Rastra Bank and endorsement by the company's upcoming AGM. As of writing, the company's last trading day closing price stands at Rs. 900 per share.