Womi Microfinance Announces Dividend

Jan 06, 2020 11:17 AM Merolagani

Womi Microfinance (WOMI) has announced dividend to the last FY. The board of directors meeting of the company held on January 5 decided to propose 26 percent dividend to its shareholders.

The company will distribute 20 percent stock and 6 percent cash dividend to the shareholders.

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

In the previous FY, the company distributed 25 percent cash dividend.

Presently, the company has a paid-up capital of Rs 252.5 million that will reach Rs 303 million after the bonus share distribution.

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