Dividend Distribution: Cash Dividend of Siddhartha Bank (SBL) and Bonus Shares of First Microfinance Laghubitta (FMDBL)
Sun, Jan 31, 2021 11:03 AM on Latest, Dividend, Bonus & Rights,
Siddhartha Bank Limited (SBL) is distributing 3% cash dividend directly to bank accounts of shareholders. This is a portion of the dividend distributed for the fiscal year 2076/77. The bank had distributed 12% bonus shares worth Rs 1.17 Arba and a 3% cash dividend worth Rs 29.36 crore to its shareholders.
Investors should authorize their bank details on their Demat account to get the dividend.
Meanwhile, investors who still hold physical shares of the company should dematerialize their shares as early as possible to claim their dividend. Furthermore, if eligible investors had taken a loan against the shares of the companies before the book closure date, they should present a No Objection Letter from their lending institution in order to receive the dividend.
Similarly, First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) is distributing 9.50% bonus shares directly to Demat accounts of its shareholders and has urged to dematerialize their shares. This is the 9.5% bonus shares distributed for the fiscal year 2076/77. The AGM of the company had endorsed 9.50% bonus shares worth Rs.7.60 Crore and 4.18% cash dividend worth Rs.3.35 Crore (including tax) out of the profits of FY 76/77 for the shareholders of the company.
The same bonus shares are already listed in NEPSE.
