Chhimek Laghubitta to Distribute 40% Dividend

Sep 14, 2018 Merolagani

Chhimek Laghubitta (CBBL) has announced dividend of the last FY. The 212th board of directors meeting of the company held on September 13 decided to distribute 40 percent dividend including 18 percent stock and 22 percent cash dividend (with tax) to its shareholders.

In the previous FY, the company distributed 19.89 percent stock and 25.11 percent cash dividend to its shareholders.

The proposed dividend is supposed to be approved by NRB and the upcoming AGM of the company.

Currently, the company has a paid-up capital of Rs 1 billion. After the bonus share distribution, the paid-up capital will reach Rs 1.18 billion.

In the last FY, the company earned Rs 663.8 million in net profit and has maintained EPS of Rs 66.39. The last traded price of the stock is at Rs 925.

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