Shree Investment & Finance (SIFC) Proposes 1.96 Percent Dividend
December 4, 2024 | Investopaper
Shree Investment & Finance Limited (SIFC) has proposed the dividend to the shareholders. The dividend announcement is from the profit of the fiscal year 2080/81.
The board meeting of the company held on Mangsir 18, 2081 BS has declared a 1.9641 percent dividend. The total dividend includes 1.8659 percent bonus share and 0.0982 percent cash dividend.
As of Ashad’s end 2081 BS, Shree Investment & Finance has a paid-up capital of Rs. 98.16 crores. At this capital, the total dividend is worth Rs. 1.92 crores.
The dividend is subject to approval from Nepal Rastra Bank and the upcoming Annual General Meeting (AGM).
From the previous fiscal year 2079/80, the finance company had provided a 5.05 percent cash dividend to the shareholders. Likewise, from the fiscal year 2078/79, the company had distributed a 7.60 percent dividend, including a 2.40 percent bonus share and a 5.2 percent cash dividend.
Similarly, from the fiscal year 2077/78, SIFC had provided an 11 percent dividend including a 7.70 percent bonus share and a 3.30 percent cash dividend. In the fiscal year 2076/77, the finance distributed a 10.53 percent dividend. This included a 7.37 percent bonus share and a 3.16 percent cash dividend. Likewise, from the fiscal year 2075/76, Shree Investment & Finance had provided a 13 percent dividend, including a 2.35 percent bonus share and a 10.65 percent cash dividend.
