Gurans Laghubitta Proposes 4.21 Percent Dividend From FY 2078/79

December 14, 2022 | Investopaper

Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2078/79.

The microfinance company has proposed a 4.210526 percent dividend. The total dividend includes a 4 percent bonus share and a 0.210526 percent cash dividend (for tax purposes). The bonus share amounts to Rs 39 lakhs while the cash dividend is worth Rs 2.05 lakhs. Hence, the company is planning to distribute Rs 41.05 lakhs in dividends.

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

From the previous fiscal year 2077/78, the company had distributed 17.7962889 percent dividend including a 16.9064745 percent bonus share.

As of Ashad’s end 2079 BS, Gurans Laghubitta has a paid-up capital of Rs. 9.75 crores. After the adjustment of the proposed bonus share, the capital will increase to Rs. 10.14 crores.


Dividend Announcement By Microfinance Companies Of Nepal (Updated)


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