For fiscal year 2077/78, Progressive Finance Limited (PROFL) has recommended a dividend of 7.3684 percent. This is the first time the corporation has paid a dividend.
The board of directors decided to distribute the dividend on the paid-up capital of Rs. 80.01 crores at their 473rd meeting on Poush 1. The proposal includes 7% bonus shares worth slightly more than Rs 5.6 crores and a 0.3684 percent cash dividend (including tax) worth Rs 29.47 lakhs.