Mahila Sahayatra Laghubitta Proposes 10.53 Percent Dividend

January 21, 2021 | Investopaper

Mahila Sahayatra Laghubitta (MSMBS) has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2076/77.

The microfinance has proposed a 10.53 percent dividend. This includes a 10 percent bonus share and a 0.53 percent cash dividend (for tax purposes).

As of Ashad’s end 2077 BS, Mahila Sahayatra Laghubitta has a paid-up capital of Rs 13.31 crores. At this capital, the bonus share is worth Rs 1.33 crores. Likewise, the cash dividend amounts to Rs 7 lakhs.

After the adjustment of bonus share, the capital will rise to Rs 14.64 crores.

From the previous fiscal year, the microfinance had distributed a 17.50 percent dividend including a 10 percent bonus share and a 7.5 percent cash dividend.

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

Suggested Readings:

Dividend History Of Mahila Sahayatra Laghubitta (MSMBS)



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