Shree Investment Finance Company (SIFC) Declares 7.60% Dividend for FY 2078/79

Fri, Dec 16, 2022 10:07 AM on Dividend, Bonus & Rights, Latest,

Shree Investment Finance Company Limited (SIFC) has proposed a 7.60% dividend worth Rs. 7.28 for the fiscal year 2078/79.

The 325th meeting of the board of directors held on Mangsir 29 decided to distribute the dividend from the paid-up capital of Rs. 95.86 crores. 2.40% bonus share and 5.20% cash dividend have been proposed. Thus, the bonus shares are worth Rs. 2.30 crores, and the cash dividend is worth slightly over Rs. 4.98 crores.

The dividend will be distributed after approval by the central bank and endorsement by the company's upcoming AGM.

As of writing, SIFC has an LTP of Rs. 296.4

Dividend History: