Guheshwori Merchant Banking & Finance to Skip Dividend from FY 2079/80

December 18, 2023 | Investopaper

Guheshwori Merchant Banking & Finance (GMFIL) has informed about the dividend to the shareholders. The dividend decision is from the fiscal year 2079/80.

The microfinance company has decided not to distribute any dividend to the shareholders from the last fiscal year.

The company has sent the financial statements to Nepal Rastra Bank for approval after which it will convene the Annual General Meeting (AGM).

 As of Ashad’s end 2080 BS, Guheshwori Finance has a paid-up capital of Rs 101.21 crores.

From the previous fiscal year 2078/79, the finance company had provided 6.84 percent dividend, including a 6.50 percent bonus share and 0.34 percent cash dividend. Similarly, from the FY 2077/78, GMFIL had distributed a 10.5263 percent dividend to the shareholders, including a 10 percent bonus share and a 0.5263 percent cash dividend.

Suggested Readings:

Dividend History Of Guheshwori Merchant Banking & Finance (GMFIL)


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