Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) has declared a dividend of 5.2631579% for the fiscal year 2080/81. The total paid-up capital of SMATA stands at Rs. 56.4 Crores.
Breakdown of the Dividend
Bonus Shares
- The company plans to distribute 5% bonus shares, equivalent to Rs. 2.99 Crores.
Cash Dividend
- A 0.2631579% cash dividend worth Rs. 15.76 Lakhs has been proposed, primarily to cover tax obligations.
Approval Process
This decision was taken during the company’s Board of Directors (BOD) meeting and is pending approval from Nepal Rastra Bank and the company’s Annual General Meeting (AGM).
This decision reflects the company’s focus on creating value for its shareholders while meeting regulatory and tax obligations.