Sat, Jan 18, 2020
Reliance Finance (RLFL) has announced dividend of the last FY. The 222nd board of directors meeting of the company held on March 10 decided of distributing 2.63 percent cash dividend including tax to its shareholders.
The purposed dividend is subjected to approval from NRB and its upcoming AGM.
In the previous FY, the company proposed of distributing 12 percent stock and 0.63 percent cash dividend for tax purpose.
Investors in the stock market are well known to the term 'bull and bear'. Investors in the stock market can immediately identify with bulls and bears when it comes to animals, however, there are many other animals in the stock market jungle too.