Swabalamban Laghubitta Announces Dividend

Oct 03, 2019 12:25 PM Merolagani

Swabalamban Laghubitta (SWBBL) has announced a dividend of the last FY. The board of directors meeting of the company held on October 2 decided to propose 40 percent dividend to its shareholders.

The company will distribute 26 percent stock and 14 percent cash dividend including tax 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 628.8 million that will reach Rs 792.3 million after the bonus share distribution.

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