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    Nepal Stock ExchangeRight | Bonus | Dividend Bank Limited (LBL) proposes a dividend of 11.5 percent for the...

    Laxmi Bank Limited (LBL) proposes a dividend of 11.5 percent for the fiscal year 2077/78.

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    Laxmi Limited (LBL) recommended a dividend of 11.5 percent for the fiscal year 2077/78, which begins on January 1, 2077.

    The 249th meeting of the board of directors, which took place on Kartik 25, decided to distribute 8 percent bonus shares a 3.5 percent cash dividend on the company’s paid-up to shareholders. There are 8,556,551.89 bonus shares issued, and the cash dividend is worth Rs. 374,349,145. The bonus shares are worth Rs. 374,349,145 in total. In addition to the cash dividend, the tax amount for bonus shares is included.

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

    LBL currently an LTP of Rs 319 as of the time of writing.


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