Mero Microfinance Announces Dividend

Aug 26, 2019 12:44 PM Merolagani

Mero Microfinance has announced dividend for the last FY. The board of directors meeting of the company held on August 26 decided to propose 31.58 percent dividend to its shareholders.

The company proposed 30 percent stock and 1.58 percent cash dividend for tax propose to the shareholders.

The proposed dividend is subjected to approval from NRB and its upcoming AGM .

Presently, the company has a paid-up capital of Rs 657.8 million that will reach Rs 850 million after the bonus share distribution.  

comments powered by Disqus

Development Banks Record Minimal Degrowth

Apr 24, 2024 06:56 AM

The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.

Gold and Silver Price Decline

Apr 25, 2024 10:37 AM

Chirkhwa Hydropower Incurs Loss

Apr 25, 2024 09:26 AM