Manjushree Finance Limited Proposes Cash Dividend for FY 2079/80

Artha Kendra Artha Kendra
शुक्रबार, १५ मंसिर २०८०, ११:१ AM
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Manjushree Finance Limited (MFIL) recently announced its dividend plans for the fiscal year 2079/80 following the 261st board of directors meeting on Mangsir 14. The company proposes a 5.263% cash dividend, amounting to Rs 7.11 crores, on the paid-up capital of Rs. 1.35 Arba.

As of Ashad's end of 2080 BS, Manjushree Finance's paid-up capital is Rs 135.15 crores. The dividend distribution decision marks a change from the previous fiscal year, 2078/79, during which the company did not distribute dividends to its shareholders.

In the fiscal year 2077/78, Manjushree Finance had a more robust dividend distribution, offering a 46% dividend, which included a 6% cash dividend and a 40% bonus share. This shift in dividend distribution patterns reflects the company's response to its financial performance over the years.


The proposed dividend is contingent on approval by the Nepal Rastra Bank (NRB) and awaits endorsement at the company's upcoming Annual General Meeting (AGM). This step underscores the regulatory compliance and shareholder consent required for the dividend to be officially implemented. Investors and stakeholders are keenly anticipating the outcomes of the NRB approval and the AGM endorsement, as it will determine the actualization of the proposed cash dividend and its impact on shareholder returns.

Dividend History :

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