RMDC Laghubitta Proposes 25 Percent Dividend From FY 2077/78

December 1, 2021 | Investopaper

RMDC Laghubitta Bittiya Sanstha Limited has announced dividend to the shareholders. The dividend declaration is from the fiscal year 2077/78.

The board meeting of the company held on Mangsir 15, 2078 BS has proposed a 25 percent dividend. The total dividend includes a 20 percent bonus share and a 5 percent cash dividend. The company will distribute the bonus share worth Rs. 20.68 crores. Likewise, the cash dividend amounts to Rs. 5.17 crores.


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In the previous year 2076/77, the microfinance had distributed a 20 percent dividend, including a 15 percent bonus share and a 5 percent cash dividend.

As of Ashad’s end 2078 BS, RMDC Laghubitta has a paid-up capital of Rs. 103.42 crores. After the inclusion of the proposed bonus share, the capital will increase to Rs. 124.10 crores.

The dividend is subject to approval from Nepal Rastra Bank and the upcoming Annual General Meeting (AGM) of the company.


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