Sana Kisan Laghubitta proposes 26.31% dividend; Paid-up capital to reach Rs 78.60 crore after 25% bonus share adjustment

Fri, Nov 23, 2018 11:49 AM on Dividend, Bonus & Rights, Latest, Stock Market,

Sana Kisan Laghubitta Bittiya Sanstha (SKBBL) has proposed 26.316% dividend for its shareholders.

As per the notice published in NEPSE, the microfinance company has proposed 25% bonus shares worth Rs 15.72 crore and 1.316% cash dividend worth Rs 82.74 lakh from the net profit of FY 2074/75.

The decision of the dividend distribution is subject to approval from Nepal Rastra Bank and upcoming AGM of the company

After the adjustment of 25% bonus shares, the current paid-up capital of Rs 62.88 crore will reach Rs 78.60 crore.