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Wednesday, October 27, 2021
    Nepal Stock ExchangeRight | Bonus | DividendNerude Laghubitta (NLBBL) recommends a dividend of 22.618 percent for fiscal year...

    Nerude Laghubitta (NLBBL) recommends a dividend of 22.618 percent for fiscal year 2077/78.

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    its proposed dividend for the fiscal 2077/78, Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has suggested a 22.61852384 percent dividend.

    The 279th meeting the board of directors, which took place on Ashoj 24, voted to distribute Rs. 49,38,77,574 as a dividend on the paid-up capital of the company.

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    The proposal is for the issuance 2.4875 percent bonus shares worth Rs 10.61 crores and the payment of a 1.13 percent cash dividend (including tax) of Rs 55.85 lakhs.

    This is the first dividend paid by the corporation. The dividend will be paid only if it has been by the bank and approved by the companyR7;s annual general meeting. As this writing, NLBBL’s LTP is at Rs. 1,367.

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