Shree Investment and Finance (SIFC) proposes 10.53% Dividend for FY 2076/77: How much in Bonus Shares and Cash?

Shree Investment and Finance Company Limited (SIFC) has proposed a 10.53% dividend for the fiscal year 2076/77.

The 296th meeting of the board of directors held on Mangsir 18 has proposed a 7.37% bonus shares and 3.16% cash dividend from the paid-up capital for the fiscal year 2076/77. The dividend will be distributed from the paid-up capital of Rs. 82,90,35,000. Thus, the bonus shares amounting to Rs. 6,10,99,879.50 and cash dividend amounting Rs. 2,61,97,506 will be distributed.

Note that the dividend will only be distributed after approval by Nepal Rastra Bank and endorsement by the company's upcoming 26th AGM.

As of writing, the LTP of the company on the last trading day stands at Rs. 211.

Dividend History