Samata Microfinance Proposes Dividend

Sep 10, 2018 Merolagani

Samata Microfinance Bittiya Sanstha (SAMATA) has proposed dividend for the last FY. The 67th board of directors meeting of the company held on September 9 decided to propose 21.05 percent dividend including 10 percent stock and 11.05 percent cash dividend to its shareholders.

The proposed dividend is subjected to approval from NRB and the upcoming AGM of the company. In the previous FY, the company distributed 20 percent stock and 11.58 percent cash dividend.

Presently, the company has a paid-up capital of Rs 37.9 million that will reach Rs 41.7 million after the bonus share distribution.

In the last FY, the company earned a net profit of Rs 7.3 million and has maintained EPS of Rs 19.48.

 

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