Forward Microfinance Laghubitta (FOWAD) Announces 30% Dividend

Forward Microfinance Laghubitta (FOWAD) Announces 30% Dividend for FY 2078/79

Forward Microfinance Laghubitta (FOWAD) has announced 30% dividend for the fiscal year 2078/79. The microfinance company has proposed 25% in bonus share and 5% in cash dividend. FOWAD has proposed 30% dividend from the paid up capital of Rs 84.44 crores for the fiscal year 2078/79 which is equivalent to Rs 25.33 crores.

The proposed dividend of 30 percent by Forward Microfinance Laghubitta (FOWAD) will be distributed to the shareholders only after the approval by SEBON.

Read More: Manjushree Finance Limited (MFIL) Announces No Dividend for FY 2078/79

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