Dividend for fiscal year 2077/78 proposed by Nirdhan Utthan Laghubitta (NUBL) is 31.0526 percent


The Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL) has recommended a dividend of 31.0526 percent for the fiscal year 2077/78, which begins on April 1.

During the 281st meeting of the board of directors, which took place on Mangsir 09, it was agreed to give Rs. 1.69 Arba as a dividend on the paid-up capital. The proposal is for the issuance of 29.5 percent bonus shares worth Rs. 50 crores the payment of a 1.5526 percent cash dividend (for tax purposes) of little more than Rs. 52.63 crores.

The dividend will paid only if it has approved by the central bank approved by the company’s future annual general meeting.

NUBL now has LTP of Rs. 1488 as of the time of writing.

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