Share MarketJeevan Bikas Laghubitta to distribute 73 percent dividend, what is the bonus?

Jeevan Bikas Laghubitta to distribute 73 percent dividend, what is the bonus?

Jeevan Bikas Laghubitta Financial Institution (JBLB) has proposed dividend from last fiscal year’s profit. A meeting of the microfinance steering committee held on March 22 proposed dividend from the last fiscal year’s profit.

Laghubitta has offered total 73.68 percent dividend to the shareholders from the last financial year’s profit by giving 70 percent bonus shares and 3.68 percent cash (for tax purpose).

After the distribution of 70 percent bonus shares, the paid up capital of microfinance will reach Rs 1 arba 42 lakh 80 thousand.

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

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