Nirdhan Utthan declares 20% stock & 11.57% cash dividend; Biratlaxmi Bikas Bank & Manjushree Finance announces 18.5% & 14% stock dividend respectively

Nirdhan Utthan Bank Limited (NUBL) has decided to distribute 20 percent stock dividend and 11.579 percent cash dividend to its shareholders. As per the notice published in NEPSE today, the BOD meeting held on Ashwin 12, 2073 has decided to propose 20 percent bonus share with 11.579 percent cash dividend to its shareholders from the net profit it earned in the last fiscal year 2072/73. The decision is subjected to approval from Nepal Rastra Bank and the microfinance’s upcoming Annual General Meeting (AGM). NUBL had distributed 48.81 % stock and 13.1 percent cash dividend to its shareholders in FY 2071/72. Nirdhan Utthan Bank has earned net profit of Rs 40.46 crore in the fourth quarter of the fiscal year 2072/73 as per unaudited report. It’s paid up capital remains at Rs 50 crore. After adjustment of 20% bonus share, its paid up capital will reach to Rs 60 crore. Similarly, Biratlaxmi Bikas Bank Limited (BLDBL) has decided to propose 18.5 percent bonus share to its shareholders. As per the notice published in NEPSE today, the BOD meeting held today (Ashwin 13, 2073) has decided to propose 18.5 percent bonus share and 0.97 percent cash dividend ( for tax purpose) to its shareholders from the net profit it earned in the last fiscal year 2072/73. The decision is subjected to approval from Nepal Rastra Bank and the bank’s upcoming Annual General Meeting (AGM). BLDBL had distributed 25 % stock dividend to its shareholders in FY 2071/72. Birat Laxmi Bikas Bank has earned net profit of Rs 10.11 crore in the fourth quarter of the fiscal year 2072/73 as per unaudited report. It’s paid up capital remains at Rs 42.53 crore. After distribution of 18.5 % bonus share, its paid up capital will reach to Rs 50.39 crore. Also, Manjushree Finance Limited (MFIL) has decided to propose 14 percent bonus share to its shareholders from the net profit it earned in the FY 2072/73. As per the notice published in NEPSE today, the 130^th BOD meeting held on Ashwin 12, 2073 has decided to propose 14 percent bonus share and 0.74 percent cash dividend (for tax purpose) to its shareholders from the net profit it earned in the last fiscal year 2072/73. The decision is subjected to approval from Nepal Rastra Bank and the finance’s upcoming Annual General Meeting (AGM). MFIL had distributed 11.4 % stock dividend to its shareholders in FY 2071/72. Manjushree Finance has earned net profit of Rs 3.30 crore in the fourth quarter of the fiscal year 2072/73 as per unaudited report. It’s paid up capital remains at Rs 25.06 crore. After distribution of 14 % bonus share, its paid up capital will reach to Rs 28.56 crore.