First Microfinance Microfinance announces 10.53% dividend

Sep Wed 2021 06:55:36

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First Microfinance Microfinance announces 10.53% dividend

Kathmandu. First Microfinance Financial Institution Limited (FMDBL) has announced to distribute a total of 10.53% dividend to the shareholders by making 10% bonus share and 0.53% cash dividend (for tax sponsorship) from the profits of the Fiscal Year 2077/78.

The 184th meeting of the Board of Directors has decided in this regard.

Microfinance has a bonus share of Rs. 876.81 million, which is 10% of the paid up capital of Rs. 876.81 million and Rs. A cash dividend of Rs. 100 (for tax sponsorship) will be distributed.