Deprosc Laghubitta proposes 45% dividend; 30% bonus and 15% cash dividend

Wed, Dec 11, 2019 12:52 PM on Dividend, Bonus & Rights, Latest, Stock Market,

Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has proposed 45% dividend for its shareholders from the profit of FY 2072/76.

The 259th Board Meeting held on Mangsir 25, 2076 has decided to proposed the following dividend:

Current paid-up capital: Rs 77.34 crore
Bonus share: 30% worth Rs 23.20 crore
Cash dividend: 15% worth Rs 11.60 crore including tax amount
Total dividend: 45% worth Rs 34.80 crore
Paid-up capital after adjustment: Rs 1 arba

The proposal is subject to approval from Nepal Rastra Bank and the upcoming AGM of the microfinance.

The dividend history of DDBL is: