Support Microfinance declared 31 percent dividend

Oct Mon 2021 11:03:48

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Support Microfinance  declared 31 percent dividend

Kathmandu. Support Microfinance Financial Institution Limited will pay 31.5789 percent dividend this year. A meeting of the company's board of directors held last Friday proposed to pay 30 percent bonus share and 1.5789 percent cash dividend of the current paid-up capital from the distributable profit of the fiscal year 077/78.

At present, the company's paid-up capital is Rs 66 million.

The dividend will be received by the shareholders after it is approved by the Nepal Rastra Bank and passed by the next general meeting of the company.