Meromicrofinance Laghubitta to Skip Dividend from FY 2079/80

December 22, 2023 | Investopaper

Meromicrofinance Laghubitta Bittiya Sanstha Limited (MERO) has informed about the dividend to the shareholders. The dividend decision is from the fiscal year 2079/80.

The microfinance company has decided not to distribute any dividend to the shareholders and retain profits from the last fiscal year.

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 2080 BS, Meromicrofinance Laghubitta has a paid-up capital of Rs. 132 crores.

From the previous fiscal year 2078/79, the company had distributed a 20 percent dividend including a 10 percent bonus share and a 10 percent cash dividend.

Suggested Readings:

Dividend History Of Mero Microfinance Laghubitta (MERO)

Dividend Announcement By Microfinance Companies Of Nepal (Updated)

Top 5 Microfinance Companies In Nepal


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