Suryodaya Womi Laghubitta Amends Dividend | To Provide 6.96 Percent Dividend

November 20, 2024 | Investopaper

Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) has revised the dividend to the shareholders from the fiscal year 2080/81.

The microfinance company has proposed a 6.9623505 percent dividend. The total dividend includes a 6 percent bonus share and 0.9623505 percent cash dividend.

Earlier, SWMF had announced a 7 percent dividend, including a 6 percent bonus share and 1 percent cash dividend.

As of Ashad’s end 2081 BS, Suryodaya Womi Laghubitta has a paid-up capital of Rs 104.36 crores. At this capital, the bonus share is worth Rs 6.26 crores. After the adjustment of the proposed bonus share, the capital will rise to Rs 110.62 crores.

The company will distribute the dividend after the approval from Nepal Rastra Bank and the upcoming Annual General Meeting (AGM).

From the previous fiscal year 2079/80, SWMF had provided a 14.077 percent bonus shares. Likewise, from the fiscal year 2078/79, the microfinance company had distributed a 15 percent bonus share to the shareholders.


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Dividend Announcement By Microfinance Companies Of Nepal (Updated)

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