Naya Sarathi Laghubitta Proposes 20 Percent Dividend
January 17, 2023 | Investopaper
Naya Sarathi Laghubitta Bittiya Sanstha Limited (NSLB) has proposed the dividend to the shareholders. The dividend announcement is from the fiscal year 2078/79.
The company has declared a 20 percent dividend. The total dividend includes a 19 percent bonus share and one percent cash dividend (for tax purposes).
As of Ashad’s end 2079 BS, Naya Sarathi Laghubitta has a paid-up capital of Rs 30.33 crores. At this capital, the bonus share is worth Rs 5.76 crores while the cash dividend amounts to Rs 30.33 lakhs
From the previous fiscal year 2077/78, the company had provided a 20 percent dividend, including a 19 percent bonus share and one percent cash dividend (for tax purposes). Likewise, in the fiscal year 2076/77, NSLB had distributed an 8.12 percent bonus share and a 0.4274 percent cash dividend.
The dividend is subject to approval from Nepal Rastra Bank and the upcoming Annual General Meeting (AGM) of the company.
Sarathi Laghubitta successfully merged with Naya Nepal Laghubitta to form ‘Naya Sarathi Laghubitta Bittiya Sanstha Limited’. The microfinance started joint operation from Ashwin 5, 2077 BS.
Suggested Readings:
Dividend Announcement By Microfinance Companies Of Nepal (Updated)
