Swadeshi Laghubitta proposes dividend (With Bonus)
September 5, 2019 | Investopaper
Swadeshi Laghubitta has proposed the dividend to the shareholders. The dividend announcement is from the profit of the fiscal year 2075/76. The board meeting held on Bhadra 18, 2076 has made the decision about the dividend.
As per the information on Nepse, Swadeshi Laghubitta has declared 35 percent dividend. This includes 20 percent bonus share and 15 percent cash dividend. The current paid-up capital of the company is Rs. 23 crores. Hence, the bonus share is worth Rs. 4.60 crores. Likewise, the company has proposed a cash dividend worth Rs. 3.45 crores.
The dividend is subject to approval from Nepal Rastra Bank and the company’s upcoming AGM.
