February 14, 2023 | Investopaper
Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB) has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2078/79.
The microfinance company has proposed a 15.7895 percent dividend. The total dividend includes a 15 percent bonus share and a 0.7895 percent cash dividend (for tax purposes).
As of Ashad’s end 2079 BS, Janautthan Laghubitta has a paid-up capital of Rs 14.79 crores. At this capital, the bonus share is worth Rs 2.21 crores while the cash dividend amounts to Rs 11.67 lakhs.
The dividend is subject to approval from Nepal Rastra Bank and the upcoming Annual General Meeting (AGM) of the microfinance.
From the previous fiscal year 2077/78, Janautthan Laghubitta had distributed a 26.3157 percent dividend, including a 25 percent bonus share and 1.3157 percent cash dividend.