Dividend History Of Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD)
Forward Microfinance Laghubitta (FOWAD) has distributed dividend at an average of 36.94 percent within the last seven fiscal years. Since FY 2073/74, FOWAD has consistently distributed dividend ranging from 30% 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 seven fiscal years, FOWAD has distributed a total dividend of 258.58% 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 2023, Forward Microfinance Laghubitta has announced that, No Dividends will be distributed 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 (%) |
|---|---|---|---|
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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