ICFC Finance Limited (ICFC) Proposes 10% Bonus Shares and 4% Cash Dividend for FY 2077/78

Sun, Oct 17, 2021 11:10 AM on Dividend, Bonus & Rights, Latest,

ICFC Finance Limited (ICFC) has proposed a 14% dividend for the fiscal year 2077/78.

The 287th meeting of the board of directors held on Ashoj 25 decided to distribute the dividend on the paid-up capital of Rs. 1,024,265,800.

10% bonus shares worth over Rs 10.24 crores and 4% cash dividend (including tax) worth over Rs 4.09 crores have been proposed.

The dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming AGM. As of writing, ICFC has an LTP of Rs. 688.

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