MFIL Announces 20% Dividend: 5% Bonus Shares and 15% Cash Dividend
Manjushree Finance Limited (MFIL) has proposed a total 20% dividend for its shareholders from the profits of FY 2082/83, comprising 5% bonus shares and 15% cash dividend, including tax. The proposal is subject to approval from Nepal Rastra Bank and the company's upcoming Annual General Meeting (AGM).
Manjushree Finance Limited (MFIL) has announced a dividend proposal for its shareholders from the profits of the fiscal year 2082/83. The company has proposed distributing a 5% bonus share dividend and a 15% cash dividend, including tax, based on its current paid-up capital. The total proposed dividend amounts to 20%. The decision was made at the company's Board of Directors meeting held on Ashoj 22, based on the accumulated profits and financial statements for FY 2082/83. The proposed dividend will be distributed only after receiving approval from Nepal Rastra Bank (NRB) and endorsement at the company's upcoming Annual General Meeting (AGM). The book closure date and share listing date have not yet been announced.