Deprosc Laghubitta (DDBL) Proposes 21.0526% Dividend for FY 2078/79

Tue, Jan 10, 2023 10:28 AM on Dividend, Bonus & Rights, Latest,

Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has proposed a 21.052632% dividend worth Rs. 29.21 crores for the fiscal year 2078/79.

The 325th meeting of the board of directors held on Poush 25 decided to distribute the dividend on the paid-up capital of Rs. 1.38 Arba. 10% bonus shares and 11.052632% cash dividend have been proposed. Thus, the bonus shares are worth Rs. 13.87 crores, and the cash dividend is worth Rs. 15.33 crores. The cash dividend has been proposed for the tax amount on bonus shares.

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, DDBL has an LTP of Rs. 1,090.

Dividend History: