CBBL Announces 25% Dividend, Including 11.96% Bonus Shares and 13.04% Cash Dividend

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has announced a 25% dividend for its shareholders from the profits earned during the previous fiscal year.

The proposed dividend comprises 11.9631% bonus shares and 13.0369% cash dividend, including the amount required for tax purposes, based on the company's existing paid-up capital.

The decision was made at a meeting of the microfinance company's Board of Directors held on Kartik 18.

The proposed dividend distribution is subject to approval from Nepal Rastra Bank (NRB) and subsequent endorsement by the company's upcoming Annual General Meeting (AGM). Shareholders will receive the dividend at the announced rates following the completion of the approval process.