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.

First Microfinance Dev Bank announced 15% bonus share

First Microfinance Development Bank Limited (FMDBL) has announced 15 percent bonus share and 0.79 for tax purpose to its shareholders from the net profit it earned in the last fiscal year 2071/72.

The dividend proposed by the microfinance development bank’s BOD meeting on Bhadra 28 is however, subject to the approval of Nepal Rastra bank and the upcoming AGM of First Microfinance Development Bank.

Last year, FMDBL had distributed 15.79 percent cash dividend to their shareholders.

The microfinance bank has earned net profit of Rs 3.66 crore in the fourth quarter of the last fiscal year 2071/72.

Narayani National Finance Ltd proposed 18% bonus share & 7% cash dividend

Narayani National Finance Ltd. has informed NEPSE on 2072-05-30 at 10:50 AM that the BOD meeting of the company held on 2072-05-29 has proposed 18% stock dividend and 7% cash dividend to its shareholders which subject to the approval of NRB and its upcoming AGM. -SSN

Kailash Bikas Bank Ltd has proposed 24% stock dividend

Kailash Bikas Bank Ltd. has informed NEPSE on 2072-05-30 at 11:00 AM that the BOD meeting of the company held on 2072-05-30 has proposed 24% stock dividend to its share holders which subject to the approval of NRB and its upcoming AGM. _SSN

Ridi Hydropower Development Co. Ltd 35 % Right Shares & 10.526% cash dividend

Ridi  Hydropower Development Co. Ltd’s (RHPC) BOD meeting  held on Bhadra 27,2072 has decided to distribute 10.526% cash dividend to its shareholders. The same meeting has also decided to issue rights share after the dividend in the ratio of 10:3.5 which subject to the approval of its upcoming AGM going to be held on Kartik 13,2072.

RHPC has posted a net profit of Rs 1.95 crore in the fourth quarter of the last fiscal year.

It last trading price stand at Rs 438 as on September 13, 2015.-SSN