National Microfinance's return percentage rises; Proposes 40% dividend for the FY 2074/75

Fri, Sep 21, 2018 12:19 PM on Dividend, Bonus & Rights, Latest, Stock Market,

National Microfinance Bittiya Sanstha Limited (NMFBS) has proposed 40% dividend for the FY 2074/75.

As per the notice published in NEPSE, the microfinance company has proposed to distribute 25% bonus shares and 15% cash dividend for its shareholders.

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

The company had distributed 20% bonus shares and 15% cash dividend for its shareholders for the FY 2073/74.

The paid-up capital of the microfinance company will reach Rs 15.03 crore after the adjustment of bonus shares. It had reported net profit of Rs 8.57 crore in the last quarter of FY 2074/75.

See the full list of proposed dividend for the FY 2074/75