Gurans Laghubitta Announces 15 Percent Dividend

September 11, 2024 | Investopaper

Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2080/81.

The microfinance company has proposed a 15 percent dividend. The total dividend includes a 14.25 percent bonus share and a 0.75 percent cash dividend (for tax purposes). The bonus share amounts to Rs 1.44 crores while the cash dividend is worth Rs 7.60 lakhs. Hence, the company is planning to distribute Rs 1.52 crores in dividends.

The dividend is subject to approval from Nepal Rastra Bank and the upcoming AGM of microfinance.

As of Ashad’s end 2081 BS, Gurans Laghubitta has a paid-up capital of Rs. 10.14 crores. After the adjustment of the proposed bonus share, the capital will increase to Rs. 11.58 crores.


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