National Microfinance proposes 80% dividend for its shareholders; 75% bonus 5% cash dividend with tax

Thu, Sep 19, 2019 11:24 AM on Dividend, Bonus & Rights, Latest, Stock Market,
National M...

National Microfinance Bittiya Sanstha (NMFBS) has proposed 80% dividend for its shareholders from the profit of FY 2075/76.

The 90th Board Meeting of the company held on Ashwin 02, 2076 has decided to propose 75% bonus and 5% cash dividend. Further information is given below:

Paid-up capital: Rs 15.08 crore
Bonus shares: 75% worth Rs 11.31 crore
Cash dividend: 5% worth Rs 75.44 lakh (Inclusing tax amount)
Total dividend: 80% worth Rs 12.07 crore
Paid-up capital after adjustment: Rs 26.39 crore

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

It's dividend history as follows: