Share MarketReliance Finance declared dividend from the profit of FY2077/78

Reliance Finance declared dividend from the profit of FY2077/78

Reliance Finance has declared dividend. A meeting of the company’s board of directors held on Friday proposed to distribute dividend from the profits of the fiscal year 77/78.

rlfl bonus

Accordingly, the company has proposed to distribute a total dividend of 15.79 percent with 15 percent bonus shares and 0.79 percent cash. The company decided to distribute the 15 Percent bonus share worth Rs. 13,73,48,650 and cash dividend (for tax purposes) 0.79 percent worth Rs.72,28,876.

The dividend will be distributed to the investors only after the approval of Nepal Rastra Bank and the approval of the next annual general meeting of the company.

Earlier, the company had distributed 10 percent bonus shares and 0.53 percent cash dividend for tax purposes from the previous fiscal year 2076/77. The bank’s proposed dividend is 5.26 percent higher than the previous year.

Subscribe Today

GET EXCLUSIVE FULL ACCESS TO PREMIUM CONTENT

SUPPORT NONPROFIT JOURNALISM

EXPERT ANALYSIS OF AND EMERGING TRENDS IN CHILD WELFARE AND JUVENILE JUSTICE

TOPICAL VIDEO WEBINARS

Get unlimited access to our EXCLUSIVE Content and our archive of subscriber stories.

Exclusive content

Latest article

More article