Kathmandu, Mangsir 25. First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has proposed a 6.5% cash dividend for the fiscal year 2080/81, with a total payout value of Rs. 8.74 Crores.
The decision was made during the company's 244th meeting of the Board of Directors held on Mangsir 24. The dividend is proposed on the existing paid-up capital of Rs. 1.34 Arba. The entire payout consists of a 6.5% cash dividend (for tax purposes), amounting to the stated Rs. 8.74 Crores.
As is standard, this dividend proposal is conditional and subject to approval from the Nepal Rastra Bank and must also receive final endorsement from the shareholders at the company's upcoming Annual General Meeting (AGM). The distribution will proceed only after these regulatory and corporate approvals are secured.
In current trading, FMDBL's Last Traded Price (LTP) stands at Rs. 804.00.