First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has proposed an 11.0526% cash dividend worth Rs. 14.86 crore for the fiscal year 2082/83.
The decision was made during the 259th meeting of the company's Board of Directors held on Ashwin 27. The proposed dividend is based on the company's paid-up capital of Rs. 1.34 Arba.
The proposed cash dividend is subject to approval from Nepal Rastra Bank and endorsement at the company's upcoming Annual General Meeting (AGM). Shareholders will receive the dividend only after the necessary approvals are obtained.
As of the latest available information provided, FMDBL's last traded price (LTP) stands at Rs. 727.00 per share.
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