First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has proposed a 10.53% dividend for the fiscal year 2077/78. The meeting of the board of directors held on Bhadra 19 has decided to distribute the dividend from the existing paid-up capital of Rs. 87,68,11,200.
10% bonus shares and 0.53% cash dividend have been proposed. The bonus shares are worth Rs. 8,76,81,200 and the cash dividend is worth Rs. 46,14,800. The cash dividend is proposed for tax on bonus shares.
As of writing, FMDBL has an LTP of Rs. 1,080.