Naya Sarathi Laghubitta Proposes 20% Dividend for FY 2078/79; How Much in Bonus Shares and Cash?

Mon, Jan 16, 2023 1:11 PM on Latest, Dividend, Bonus & Rights,

Naya Sarathi Laghubitta Bittiya Sanstha Limited (NSLB) has proposed a 20% dividend for the fiscal year 2078/79.

The 52nd board of directors meeting on Poush 29 decided to distribute the 20% dividend from the profit maintained after FY 2078/79. 19% bonus shares and a 1% cash dividend have been proposed. Thus, the bonus shares are worth Rs. 5.76 crores, and the cash dividend is worth Rs. 30.33 lakhs. The current paid-up capital of the company is Rs. 303,395,300.

The dividend will be distributed only after approval by Nepal Rastra Bank and endorsement by the company's upcoming AGM. NSLB closed at Rs. 918 on the last trading day last week.

Dividend History: