NMB Microfinance Announces Dividend

Nov 18, 2018 Merolagani

NMB Microfinance Company (NMBMF) has announced dividend of the last FY. The board of directors meeting of the company proposed of distributing 15 percent stock and 0.789 percent cash dividend for tax purpose to the shareholders.

The proposed dividend is subjected to approval from NRB and the upcoming AGM of the company.

The company with Rs 140.8 million in paid-up capital will distribute bonus share worth Rs 21.1 million and cash dividend worth Rs 1.1 million for tax.

After the bonus share distribution, the paid-up capital will reach Rs 161.9 million.

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