Share MarketJanaki Finance Proposed Dividend ,How much is the bonus?

Janaki Finance Proposed Dividend ,How much is the bonus?

Janaki Finance Company Limited (JFL) has proposed dividend from last financial year’s profit. The meeting of the board of directors of the company held on Poush 27 at 3:30 pm has proposed dividend.

Finance has proposed 15 percent bonus share and 0.7895 percent cash dividend of the existing paid-up capital from the last financial year’s profit.

After the distribution of 15 percent bonus shares to the shareholders, the paid up capital of Finance will reach Rs.69 crore 4 lakh.

The dividend will be received by the shareholders after the approval of Nepal Rastra Bank and the approval of the next annual general meeting.

The company had given 22 percent bonus shares in the last financial year.

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