Meromicrofinance Laghubitta to Provide 7.89 Percent Dividend from FY 2080/81
December 17, 2024 | Investopaper
Meromicrofinance Laghubitta Bittiya Sanstha Limited (MERO) has informed about the dividend to the shareholders. The dividend decision is from the fiscal year 2080/81.
The microfinance company has proposed a 7.8947 percent dividend. The total dividend includes a 7.5 percent bonus share and a 0.3947 percent cash dividend (for tax purposes).
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 2081 BS, Meromicrofinance Laghubitta has a paid-up capital of Rs. 132 crores.
From the previous fiscal year 2079/80, MERO didn’t provide any dividend to the shareholders. However from the fiscal year 2078/79, the company had distributed a 20 percent dividend including a 10 percent bonus share and a 10 percent cash dividend.
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