Manjushree Finance proposes 11.55% dividend; 1.75% bonus and 9.80% cash dividend

Thu, Dec 12, 2019 11:22 AM on Dividend, Bonus & Rights, Latest, Stock Market,

Manjushree Finance (MFIL) has proposed 11.55% dividend for its shareholders from the profit of FY 2075/76.

The Board Meeting held on Mangsir 25, 2076 has decided to propose the following dividend:

Current paid-up capital: 80.40 crore
Bonus shares: 1.75% worth Rs 1.407 crore
Cash dividend: 9.80% worth Rs 7.87 crore including tax amount
Total dividend: 11.55% worth Rs 9.28 crore
Paid-up capital after adjustment: Rs 81.80 crore

The proposal is subject to approval from Nepal Rastra Bank and the upcoming AGM of the Company.

The dividend history of MFIL is: