Kathmandu, Dec 18: The Jeevan Bikas Laghubitta Bittiya Sanstha (JBLB) has proposed a 14.7369% dividend for the fiscal year 2079/80 BS.
The meeting of the board of directors decided to distribute the dividend on the paid-up capital of Rs. 1.18 Arba. According to JBLD, a total of 14% bonus shares and a 0.7369% cash dividend have been proposed.
The dividend will be distributed only after approval by Nepal Rastra Bank and endorsement by the company’s upcoming AGM.
Dividend history
FY 2079/80 – 14.7369% (14% bonus share, 0.7369% cash)
FY 2078/79 – 14.99% (14.2850% bonus share, 0.714% cash)
FY 2077/78 – 73.68% (70% bonus share, 3.68% cash)