Civil Laghubitta proposes 7.5% dividend; Shareholders to receive 4% bonus shares and 3.5% cash dividend

Tue, Nov 6, 2018 11:11 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Civil Lagh...

Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has proposed 7.5% dividend for its shareholders.

As per the notice published in NEPSE, the microfinance company has proposed 4% bonus shares and 3.5% cash dividend for its shareholders for the FY 2074/75.

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

In the previous FY 2073/74, the company had distributed 4.5% bonus shares for its shareholders. After the adjustment of 4% bonus shares, its paid-up capital will reach Rs 11.41 crore.