Sana Kisan Bikas Laghubitta proposes 28.68% dividend;Capital to reach Rs 1 arba after adjustment

Sun, Nov 24, 2019 11:44 AM on Dividend, Bonus & Rights, Latest, Stock Market,

Sana Kisan Bikas Laghubitta Bittiya Sanstha (SKBBL) has proposed 28.684% dividend for its shareholders from the profit of FY 2075/76.

The 361st Board Meeting held on Mangsir 07, 2076 has decided to propose the following dividend:

Current paid-up capital: Rs 78.60 crore as of Q4 2075/76
Bonus shares: 27.25% worth Rs 21.41 crore
Cash dividend: 1.4374% for tax purpose
Paid-up capital after adjustment: Rs 1 arba

The proposal is subject to approval from Nepal Rastra Bank and the upcoming Annual General Meeting of the Bank.

The divided history of SKBBL is: