Dividend History Of Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD)
Forward Microfinance Laghubitta (FOWAD) has distributed dividend at an average of 34.07 percent within the last eight fiscal years. Since FY 2073/74, FOWAD has consistently distributed dividend ranging from 14% to 65% inclusive of bonus shares and cash dividends. In a short span of time, Forward Microfinance Laghubitta has built an attractive dividend history among its investors.
Within the past eight fiscal years, FOWAD has distributed a total dividend of 272.58% to its shareholders. The company’s consistent track record of delivering impressive returns distinguishes it as an attractive investment option for investors.
Recently for the year 2024, Forward Microfinance Laghubitta has announced 14 percent dividend to its shareholders.
Dividend History Of Forward Microfinance Laghubitta Bittiya Sanstha (FOWAD)
The table below presents the dividend history of Forward Microfinance Laghubitta (FOWAD) since fiscal year 2073/74.
| Fiscal Year | Bonus Share (%) | Cash Dividend (%) | Total Dividend (%) |
|---|---|---|---|
2080/81 |
13.3 |
0.7 |
14 |
2079/80 |
N/A |
N/A |
N/A |
2078/79 |
25 |
5 |
30 |
2077/78 |
35 |
7 |
42 |
2076/77 |
25 |
6.58 |
31.58 |
2075/76 |
32.5 |
12.5 |
45 |
2074/75 |
25 |
20 |
45 |
2073/74 |
50 |
15 |
65 |
About the Company
Forward Microfinance Laghubitta (FOWAD) is a national level “D” Class microfinance development bank, established in September 2012.
Forward Microfinance Laghubitta has 8,444,511 units shares listed in Nepal Stock Exchange (NEPSE) and is traded as FOWAD.
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