Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has proposed an 8.42% dividend for the fiscal year 2076/77.
The 264th meeting of the board of directors held on Poush 24 has decided to distribute an 8% bonus shares and 0.42% cash dividend (including the amount for tax purposes) from the paid-up capital.
Note that this dividend will be distributed only after approval from Nepal Rastra Bank and endorsement by the company's upcoming AGM. As of writing, the company's LTP stands at Rs. 1,170 per share.