Deprosc Laghubitta Proposes Dividend for FY 2079/80; How Much in Bonus Shares and Cash?

Thu, Feb 15, 2024 12:21 PM
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Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has announced a dividend proposal of 10.52632% for the fiscal year 2079/80.

Following the decisions made in the 344th Board of Directors meeting held on Falgun 3, DDBL plans to distribute this dividend based on the paid-up capital of Rs. 1.55 Arba. The proposed distribution includes 10% bonus shares and a 0.52632% cash dividend (for tax purposes). The bonus shares are valued at Rs. 15.51 crores, while the cash dividend amounts to Rs. 81.63 lakhs.

It's important to note that the dividend distribution is contingent upon approval from Nepal Rastra Bank, Once approved by the regulatory authority Nepal Rastra Bank and the company's upcoming Annual General Meeting, the proposed dividends will be distributed to the shareholders.

The institution had distributed a dividend of 21.05 percent from the profit of the fiscal year 2078/79.

Dividend History:

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