Asha Laghubitta (ALBSL) Announces 10% Dividend for FY 2081/82!
Exciting news for Asha Laghubitta Bittiya Sanstha Limited (ALBSL) shareholders! The microfinance institution has just announced a dividend proposal of 10% for the fiscal year 2081/82. This decision was made during the 178th meeting of the board of directors on Kartik 28.
The ALBSL dividend breakdown includes a 9.5% distribution in the form of bonus shares, amounting to Rs. 6.96 Crores. Additionally, a 0.5% cash dividend, inclusive of tax, totaling Rs. 36.65 lakhs has been proposed. This is fantastic news for those invested in Asha Laghubitta shares.
This proposed ALBSL dividend announcement comes from a paid-up capital of Rs. 73.30 crores. However, it’s important to note that the distribution of this ALBSL share dividend is still subject to approval by the Nepal Rastra Bank. Furthermore, the microfinance dividend will need to be endorsed by the company’s upcoming Annual General Meeting (AGM).
Stay tuned for more updates on the ALBSL AGM and the final approval of this exciting financial dividend! We will continue to monitor the situation and provide relevant information regarding ALBSL’s stock performance and future announcements. This investment opportunity is one to keep your eye on!
