Lumbini Bikas Bank Limited (LBBL) has recommended a dividend of 13.712 percent for the fiscal year 2077/78, which begins on January 1, 2077.
During the 407th meeting of the board of directors, which was conducted on Kartik 8, it was agreed to distribute the Rs. 2.90 Arba dividend on the paid-up capital. It has been suggested to issue 10 percent bonus shares worth Rs 29.06 crores and a 3.712 percent cash dividend (for bonus shares tax purposes) of Rs 10.78 crore.
As of this writing, LBBL’s LTP is at Rs 521.