RSDC Microfinance Declares 8% Dividend for Shareholders
RSDC Microfinance announces 8% dividend from last fiscal year’s profit, pending approval from the annual general meeting.
RSDC Microfinance Financial Institution Limited (RSDC) has announced a dividend distribution for its shareholders based on the profit of the last fiscal year.
The board of directors, in a meeting held on Saturday, Aswin 11, decided to distribute a dividend at the rate of 8% of the current paid-up capital. The dividend will be distributed after approval from the upcoming annual general meeting and clearance from Nepal Rastra Bank.
This move reflects RSDC’s commitment to providing consistent returns to its shareholders while adhering to regulatory requirements. Microfinance institutions like RSDC play a crucial role in promoting financial inclusion in Nepal, and dividend announcements signal the institution’s profitability and stability in a challenging economic environment.
Shareholders can expect to receive the dividend once the AGM approves the distribution, reinforcing confidence in RSDC’s transparent governance and sustainable operations.