Dividend Announcement:
Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) has announced a 15% dividend proposal totaling Rs. 64.68 crores for the fiscal year 2081/82.
Board Decision:
The decision was made during the company’s 73rd board of directors meeting held on Kartik 26, 2082. The dividend will be distributed based on the company’s paid-up capital of Rs. 4.31 Arba.
Dividend Breakdown:
- 14.25% Bonus Shares: worth Rs. 61.45 crores
- 0.75% Cash Dividend (for tax purposes): worth Rs. 3.23 crores
Approval Process:
The proposed dividend will be distributed only after approval from Nepal Rastra Bank and endorsement by the upcoming Annual General Meeting (AGM).
Market Update:
As of the latest trading session, SKBBL’s last traded price (LTP) stands at Rs. 854.00.