Dividend History of Forward Microfinance Laghubitta (FOWAD)
October 2, 2024 | Investopaper
Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) is a national level microfinance of Nepal licensed by Nepal Rastra Bank. It was established in September 13, 2012 (Bhadra-28, 2069). The head office of the microfinance is located at Duhabi, Sunsari.
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Forward Laghubitta started distributing the dividend since the fiscal year 2016/17 after the issue of IPO. The table below presents the dividend history of Forward Laghubitta.
Dividend History Of Forward Microfinance Laghubitta (FOWAD)
| Fiscal Year | Fiscal Year | Cash Dividend (%) | Bonus Share (%) | Total Dividend (%) |
| 2013/14 | 2070/71 | 0 | 0 | 0 |
| 2014/15 | 2071/72 | 0 | 0 | 0 |
| 2015/16 | 2072/73 | 0 | 0 | 0 |
| 2016/17 | 2073/74 | 15 | 50 | 65 |
| 2017/18 | 2074/75 | 20 | 25 | 45 |
| 2018/19 | 2075/76 | 12.5 | 32.5 | 45 |
| 2019/20 | 2076/77 | 6.58 | 25 | 31.58 |
| 2020/21 | 2077/78 | 7 | 35 | 42 |
| 2021/22 | 2078/79 | 5 | 25 | 30 |
| 2022/23 | 2079/80 | 0 | 0 | 0 |
| 2023/24 | 2080/81 | 0.7 | 13.30 | 14 |
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