Sana Kisan Bikas Laghubitta Proposes 26.32 Percent Dividend From FY 2077/78

November 25, 2021 | Investopaper

Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2077/78.

The microfinance has proposed a 26.315789474 percent dividend. The total dividend includes a 25 percent bonus share and a 1.315789474 percent cash dividend (for tax purposes). The company is planning to distribute Rs 31.28 crores worth of bonus shares and Rs 1.64 crores worth of cash dividend.

From the previous fiscal year 2076/77, SKBBL had distributed a 26.3157 percent dividend, including a 25 percent bonus share and a 1.3157 percent cash dividend.

As of Ashad’s end  2077/78 BS, Sana Kisan Bikas Laghubitta has a paid-up capital of Rs. 125.15 crores. After the inclusion of the bonus share, the capital will increase to Rs. 16.43 crores.

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


Suggested Readings:

Dividend History Of Sana Kisan Bikas Laghubitta (SKBBL)

Comparative study of 4 wholesale microfinance of Nepal

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