Which is the company that declared 2.63% cash dividend only?

March 12, 2019 | Investopaper

Reliance finance has proposed the dividend to the shareholders from the profit of F.Y. 2074/75. The board of directors meeting held on Falgun 26 has decided to declare a 2.63 percent cash dividend to the shareholders. From the profit of F.Y. 2074/75, the company decided to provide a 2.50 percent cash dividend to shareholders and 0.13 percent for payment of taxes.

Based on the unaudited second-quarter report of this fiscal year, the finance has paid up capital of Rs. 72.43 crores. The reserve and surplus is at Rs.24 crores. The finance has collected deposits of Rs. 3.61 arba and provided loans of Rs. 3.42 arba. The company made a net profit of Rs. 43.51 lakhs. The earnings per share and net-worth per share are Rs. 0.60 and Rs. 127.54 respectively.


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