Radhi Bidhyut Proposes Dividend

Jun 11, 2019 Merolagani

Radhi Bidhyut Company has proposed dividend of the last FY. The board of directors meeting of the company held on June 10 decided to purpose 10 percent dividend to its shareholders.

The company will distribute 5 percent stock and 5 percent cash dividend (including tax) to the shareholders.

In the previous FY, the company distributed 10 percent stock dividend.

In the third quarter of the current FY, the company earned a net profit of Rs 47.2 million. The company has EPS of Rs 13.96, net worth per share of Rs 213.71 and P/E ratio of 11.90 times.

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