Today is the last day to grab the 13.6842% dividend of First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL).
The 168th BOD meeting of First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) had proposed 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 dividend is now already approved by Nepal Rastra Bank. Thus, issuing a new notice, the company had declared the book closure tomorrow, i.e. Mangsir 05. Thus, investors who buy the shares of FMDBL today are also entitled to the dividend payout and can attend the upcoming AGM.
The 11th AGM of the company will be held in Amrapali Banquet, Kathmandu on Mangsr 18, starting from 11 am. Due to the ongoing pandemic, only a limited number of investors can attend the AGM physically while the rest will have to attend it virtually.
Among other proposals, the AGM will endorse the dividend proposed for the fiscal year 2076/77. Furthermore, the AGM will elect three directors representing the public investors for the board.