Sat, Apr 27, 2024
As per the notice published on NEPSE today, Salt Trading Corporation (STC) has decided to propose 20% stock dividend and 5% cash dividend to its shareholders.
Currently the company has a paid up capital of Rs 8.16 crores. Distribution of bonus shares will increase the paid up capital to Rs 9.80 crores. Last year, the company had distributed 15% bonus share and 10% cash dividend to its shareholders.
The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.
