National Microfinance announces 20% bonus with 15% cash dividend; paid up to reach Rs 12 crore

National Microfinance Bittiya Sanstha Limited (NMFBS) has declared 20% bonus share along with 15% cash dividend to its shareholders from the profits it earned in FY 2073/74, for a total dividend of 35%. The microfinance company’s BOD meeting held yesterday has proposed the above dividends, subjected to approval from Nepal Rastra Bank and the company’s upcoming Annual General Meeting (AGM). NMFBS posted a net profit of Rs 7.21 crore in last fiscal year 2073/74. Its paid up capital currently stands at Rs 10 crore, and after 20% bonus share, it will hike to Rs 12 crore.