First Microfinance Laghubitta Proposes 20% Dividend

• First Microfinance Laghubitta Bittiya Sanstha (FMDBL) proposes 20% dividend for the fiscal year 2078/79.
• The micro-finance company has proposed 19% in bonus shares and 1% in cash dividend (incl tax).
• The dividend will be distributed to the shareholders only after the approval by upcoming AGM & Central Bank.

First Microfinance Laghubitta (FMDBL) has proposed 20% dividend for the fiscal year 2078/79 which is equivalent to Rs 19.28 crore of the total paid up capital. The 198th meeting of the board of directors held on Mangsir 15 decided to distribute the dividend on the paid-up capital of Rs. 96.44 Crore. The proposed dividend will be distributed to its shareholders only after the approval by upcoming AGM and Central Bank of Nepal.