November 10, 2023 | Investopaper
Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) has proposed the dividend to the shareholders. The dividend declaration is from the fiscal year 2079/80.
The company has declared a 15 percent dividend. The total dividend includes a 14.25 percent bonus share and a 0.75 percent cash dividend (for tax purposes).
As of Ashad’s end 2080 BS, Dhaulagiri Laghubitta has a paid-up capital of Rs. 13.31 crores. At this capital, the bonus share is worth Rs. 1.89 crores while the cash dividend amounts to Rs 9.98 lakhs.
After the bonus share adjustment, the capital will reach Rs. 15.20 crores.
The dividend is subject to approval from Nepal Rastra Bank and the upcoming AGM of the microfinance.