Swarojgar Laghubitta Bikas Bank amended 34.2% bonus share & 1.8% cash dividend

Swarojgar Laghubitta Bikas Bank Ltd. (SLBBL) has made amendment regarding its stock dividend and cash dividend.
Previously the micro finance company had announced 30% bonus share and 10% Cash dividend. The BOD meeting held on Ashwin 13 has amended its previously announced dividend to its shareholders as 34.2% stock dividend and 1.8% cash dividend instead of 30 % stock dividend and 10% Cash dividend.
The decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM).
The micro finance had earned net profit of Rs 1.82 crore in the last fiscal year. Its last traded price stood at Rs 1930.-SSN

Swarojgar Laghubitta Bikas Bank decided 30% bonus share & 10% cash dividend

Swarojgar Laghubitta Bikas Bank Limited (SLBBL) has decided to distribute 30 percent bonus share and 10 percent cash dividend to its shareholders.

The BOD meeting of the company held on Bhadra 28, has proposed 30% Stock dividend and 10% cash dividend to its shareholders.

The decision is subjected to approval from the Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM).

Last year, SLBBL had distributed 27.35 percent bonus share and 20% cash dividend to their shareholders.

Swarojgar Laghubitta  has earned Rs 1.82 crore in the fourth quarter of last fiscal year 2071/72 as per unaudited report.

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Swarojgar Laghubitta Bikas Bank Ltd has pledged massive 27.39 percent bonus share and 20 percent cash dividend to the shareholders from the net profit it posted in the last fiscal year 2070/71.

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