Manjushree Finance has announced a proposed dividend of 20 percent for its shareholders, comprising 5 percent bonus shares and a 15 percent cash dividend, including the amount for tax purposes.
The company’s board of directors made the decision at a meeting on Thursday. The proposed dividend is subject to approval from Nepal Rastra Bank and the company’s general meeting.
Manjushree Finance dividend proposal
The dividend is based on the company’s current paid-up capital of Rs 1.35 billion. If approved, shareholders would receive bonus shares and a cash dividend as proposed by the board.
