RMDC Laghubitta (RMDC) Proposes 25% Dividend for FY 2077/78, How Much in Bonus Shares and Cash?

Wed, Dec 1, 2021 10:47 AM on Dividend, Bonus & Rights, Latest,

RMDC Laghubitta Bittiya Sanstha Limited (RMDC) has proposed a 25% dividend for the fiscal year 2077/78.

The 364th meeting of the board of directors held on Mangsir 15 decided to distribute the dividend on the paid-up capital of Rs. 1.03 Arba. 20% bonus shares worth Rs 20.68 crores and 5% cash dividend (including tax) worth Rs 5.17 crore have been proposed.

The dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming AGM. As of writing, RMDC has an LTP of Rs. 1,403.

Dividend History: