RSDC Laghubitta Proposes 8% Cash Dividend

RSDC Laghubitta Bittiya Sanstha Limited (RSDC) has proposed an 8% cash dividend for the fiscal year 2081/82.

The proposal was decided during the 176th meeting of the Board of Directors (BOD) held on Ashwin 11. Based on the company’s paid-up capital of Rs. 1.03 Arba, the proposed dividend amounts to around Rs. 8.27 Crores (including tax).

The distribution will take place only after receiving approval from the Nepal Rastra Bank and endorsement from the company’s upcoming Annual General Meeting (AGM).

As of now, RSDC’s stock is trading at a last traded price (LTP) of Rs. 659.90.