RSDC Laghubitta Proposes 9.05 Percent Dividend

October 8, 2023 | Investopaper

RSDC Laghubitta Bittiya Sanstha Limited has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2079/80.

The board meeting of the microfinance held on Ashwin 19, 2080 BS has proposed a 9.0528 percent dividend. The total dividend includes a 0.4528 percent cash dividend (for tax purposes) and an 8.6 percent bonus share. The bonus share is worth Rs. 7.47 crores. Likewise, the cash dividend amounts to Rs. 39.35 lakhs.

In the previous fiscal year 2078/79, the microfinance company had distributed an 11 percent dividend, including an 8 percent bonus share and a 3 percent cash dividend.

As of Ashad’s end 2080 BS, RSDC Laghubitta has a paid-up capital of Rs. 86.95 crores. After the adjustment of an 8 percent bonus share, the capital will rise to Rs 94.42 crores.

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


Suggested Readings:

Dividend History Of RSDC Laghubitta (RSDC)

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