Summit Laghubitta (SMFDB) proposes a dividend of 25.28 percent for fiscal year 2077/78.

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Laghubitta Bittiya Sanstha Limited (SMFDB) has proposed a 25.285316 percent dividend for the fiscal 2077/78.

The 17th meeting of the of convened on Mangsir 13 resolved to disburse the dividend on the paid-up capital of Rs. 39.43 crores. Bonus shares been proposed as a means of paying out the dividend. Thus, the bonus shares are valued a little over Rs. 9.97 crores.

Since the started joint operation after the merger with Sajilo Laghubitta on 6th Ashoj last year, it has enjoyed tax exemption on dividends. As a result, will be no cash dividend paid.

The dividend will be paid only if it has been approved by the central bank approved by the company’s future annual general meeting. As of writing, SMFDB has an LTP of Rs. 1,345.

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