United Finance announces 5% cash dividend; Dividend to be distributed after approval from Rastra Bank and AGM

United Finance Limited (UFL) has announced 5% cash dividend for the FY 2074/75.

As per the notice published in NEPSE, the 224th Board Meeting of the company has proposed 5% cash dividend for the shareholders.

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

The company had distributed 19% bonus share in the FY 2073/74 for its shareholders. In the fourth quarter of the FY 2074/75, the finance company had reported net profit of Rs 6.41 crore.