Global IME Laghubitta Proposes 8.5% Dividend, Including 5% Bonus Shares and 3.5% Cash
Global IME Laghubitta has proposed an 8.5% dividend for shareholders from its retained profit for FY 2082/83, comprising 5% bonus shares and 3.5% cash dividend.
Global IME Laghubitta Financial Institution Limited has proposed distributing a total dividend of 8.5% to its shareholders from the retained profit of fiscal year 2082/83. The decision was made by the company’s 230th Board of Directors meeting.
The proposed dividend consists of 5% bonus shares and 3.5% cash dividend, including tax. The company has estimated an expense of Rs. 32.41 million for the bonus shares and Rs. 22.69 million for the cash dividend.
The proposed dividend will be distributed only after receiving approval from Nepal Rastra Bank and endorsement by the company’s upcoming Annual General Meeting (AGM).