For the fiscal year 2078–1979, Rastra Utthan Laghubitta (RULB) proposes a 15% dividend of Rs. 3.9 crores

For the fiscal year 2078–1979, Rastra Utthan Laghubitta (RULB) proposes a 15% dividend of Rs. 3.9 crores

For the fiscal year 2078–2079, Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) has proposed a 15% dividend worth Rs. 3.9 Crores. The firm has just paid its first dividend since being list on the NEPSE.

The board of directors agreed to distribute 14.25% bonus shares and 0.75% cash dividend (including the amount for tax reasons) from the paid-up capital at its 86th meeting, which was held on Baisakh 13.

The corporation has a paid-up capital of 26 crores rupees. As a result, the cash dividend is worth Rs. 19.50 lakhs and the bonus shares are worth Rs. 3.7 crores.

Keep in mind that this dividend will only paid out upon permission by Nepal Rastra Bank and the company’s future AGM. The company’s last-day closing is Rs. 622.80 as of this writing.

The board of directors agreed to distribute 14.25% bonus shares and 0.75% cash dividend (including the amount for tax reasons) from the paid-up capital at its 86th meeting, which was held on Baisakh 13.

The corporation has a paid-up capital of 26 crores rupees. As a result, the cash dividend is worth Rs. 19.50 lakhs and the bonus shares are worth Rs. 3.7 crores.

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