For the fiscal year 2077/78, Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has recommended a dividend of 26.3157894 percent, which would be paid in July.
The board of directors voted on Ashoj 17 to distribute the dividend from the Rs. 26,71,31,200 paid-up capital, with 25% bonus shares and 1.3157894 percent cash dividend (for tax reasons) proposed as part of the dividend distribution plan. As a result, the bonus shares are worth Rs. 6.67 crores, while the cash dividend is worth Rs. 35.14 lakhs.
The dividend will only be paid if it has been approved by the central bank and the company’s annual general meeting in the future. As of the time of writing, SMFBS has an LTP of Rs. 1,545.