Mahalaxmi Bikas Bank proposes 9% cash dividend; paid up capital stands Rs 2.63 billion

Mahalaxmi Bikas Bank Limited (MLBL) has announced 9% dividend to its shareholders. As per the notice published in NEPSE, the board meeting of the company held on 28 Poush, 2074 has announced 9% cash dividend from the net profit it had earned in the FY 2073/74. The decision is subjected to the approval from concerned authority and upcoming AGM. Its current paid up capital stands at Rs 2.63 arba. It had earned Rs 5.63 crore in the first quarter of the FY 2074/75. Its earnings per share (EPS) stand at Rs 8.56 and net worth per share is at Rs 141.70.