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Saturday, October 23, 2021
    Nepal Stock ExchangeRight | Bonus | DividendNIC Asia Laghubitta (NICLBSL) proposes a dividend of 5.41 percent for fiscal...

    NIC Asia Laghubitta (NICLBSL) proposes a dividend of 5.41 percent for fiscal year 2077/78.

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    A 5.41 percent dividend for the fiscal year 2077/78 has been suggested by the Asia Laghubitta Bittiya Limited (NICLBSL), according to the company.

    The board of directors voted to deliver the entire dividend in cash during their meeting on 18, which took place that day. Assuming that the firm has a paid-up capital of Rs. 173,94,40,000, the cash dividend is worth a little over Rs. 9.41 based on the paid-up capital.

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    The dividend will be paid only if it has been approved by the bank and approved by the company’s future annual meeting. As of writing, NICLBSL has an LTP of Rs. 1,269, which is sufficient for operations.

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