RSDC Laghubitta proposes 10% cash dividend and 6% bonus share; Paid-up capital after adjustment will reach Rs 67.15 crore
Sun, Sep 8, 2019 12:02 PM on Dividend, Bonus & Rights, Latest, Stock Market,
RSDC Laghubitta Bittiya Sanstha Limited (RSDC) has proposed 16% dividend for its shareholders from the company's accumulated profit till 2075/76.
The 87th Board Meeting held on Bhadra 22, 2076 has decided to propose 6% bonus shares worth Rs 3 crore 80 lakh 10 thousand 720 and 10% cash dividend worth Rs 6 crore 33 lakh 51 thousand 200. The proposal is subject to approval from Nepal Rastra Bank and the company's upcoming 6th AGM.
The company had distributed 10% bonus share last year. Currently, its paid-up capital stands at Rs.63 crore 35 lakh and 12 thousand. After the adjustment of bonus shares its paid-up capital will reach Rs 67 crore 15 lakh 22 thousand 720.
Company’s Earning per share (EPS) as of fourth quarter of FY 2075/76 stands at Rs.10.16 and net worth per share at Rs.126.71.
