NESDO Sambridha Laghubitta to Provide 15 Percent Dividend from FY 2080/81
December 18, 2024 | Investopaper
NESDO Sambridha Laghubitta Bittiya Sanstha Limited (NESDO) has informed about the dividend to the shareholders. The dividend decision is from the fiscal year 2080/81.
The microfinance company has proposed a 15 percent dividend. The total dividend includes a 14.25 percent bonus share and a 0.75 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).
From the previous fiscal year 2079/80, NESDO didn’t provide any dividend to the shareholders. However, from the fiscal year 2078/79, the microfinance had distributed a 15 percent cash dividend to the shareholders.
As of Ashad’s end 2081 BS, NESDO Sambridha Laghubitta has a paid-up capital of Rs. 25.25 crores.
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