Vijaya Laghubitta to Skip Dividend from FY 2079/80
June 18, 2024 | Investopaper
Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has informed about the dividend to the shareholders. The dividend decision is from the fiscal year 2079/80.
The microfinance company has decided not to distribute any dividend to the shareholders and retain profits from the last fiscal year.
The company has sent the financial statements to Nepal Rastra Bank for approval after which it will convene the Annual General Meeting (AGM).
As of Jestha’s end 2081 BS, Vijaya Laghubitta has a paid-up capital of Rs 74.50 crores.
From the previous fiscal year 2078/79, VLBS had distributed a 21.085 percent dividend, including a 20.031 percent bonus share and a 1.054 percent cash dividend.
Similarly, in the fiscal year 2076/77, the company had provided a 20 percent dividend, including a 19 percent bonus share. Likewise, in the fiscal year 2075/76, Vijaya Laghubitta had distributed a 20 percent dividend, including a 15 percent bonus shares and a 5 percent cash dividend.
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