Thursday, November 18, 2021
    Nepal Stock ExchangeNEPSE NewsICFC Finance Limited (ICFC) proposes a bonus share of 10% and...

    ICFC Finance Limited (ICFC) proposes a bonus share of 10% and a cash dividend of 4% for the fiscal year 2077/78.

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    An in the by 14 percent is proposed for the fiscal year 2077/78 by ICFC Finance Limited (ICFC).

    It was decided at the 287th meeting of the board of directors, which was held on Ashoj 25, to distribute 1,024,265,800 as a dividend on the company’s -up capital.

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    The company has proposed a 10 percent bonus share distribution worth over Rs 10.24 crores and a 4 percent cash dividend (including tax) distribution worth over Rs 4.09 crores.

    The dividend be only after it has been approved by the central bank and approved by the company’s upcoming annual general meeting. As of this writing, ICFC’s LTP stands at 688.

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