RSDC Laghubitta Announces 8% Cash Dividend for FY 2081/82!
Great news for RSDC Laghubitta Bittiya Sanstha Limited (RSDC) shareholders! The microfinance institution has just announced a significant cash dividend for the fiscal year 2081/82. The board of directors, in their 176th meeting held on Ashwin 11, decided to propose an 8% cash dividend, amounting to a substantial Rs. 8.27 Crores. This dividend payout is based on the company’s paid-up capital of Rs. 1.03 Arba. The 8% includes the applicable dividend tax.
This is exciting news for investors looking for returns on investment in the financial sector. However, it’s important to remember that this dividend proposal is still subject to approval from Nepal Rastra Bank, the central bank of Nepal, and endorsement by the company’s upcoming Annual General Meeting (AGM). So, keep an eye out for updates regarding these crucial approvals!
As of the time of writing, the Last Traded Price (LTP) for RSDC shares stands at Rs. 659.90. This announcement could potentially influence the stock market, so stay informed about the RSDC stock price and overall market trends.
This dividend announcement highlights RSDC Laghubitta‘s commitment to delivering value to its shareholders and reinforces its position as a key player in the microfinance industry. It’s a positive sign for the company and the Nepalese economy as a whole. Keep following us for more financial news and investment insights! Stay tuned for updates on AGM announcements and NRB approvals regarding the RSDC dividend.
