Deprosc Laghubitta Proposes 10% Dividend for FY 2080/81; How Much in Bonus Shares and Cash?

Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has proposed a 10% dividend worth Rs. 17.06 Crores for the fiscal year 2080/81.

The 359th board of directors meeting on Mangsir 27 decided to distribute the dividend on the paid-up capital of Rs. 1.70 Arba. 9.5% bonus shares and 0.5% cash dividend (tax purposes) have been proposed. Thus, the bonus shares are worth Rs. 16.20 crores, and the cash dividend is worth Rs. 85.30 lakhs.

The dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming AGM.

DDBL closed at Rs. 875.10 yesterday.

Dividend History: