Pokhara Finance announces 13.684% dividend for its shareholders; Shareholders to receive 9.40% dividend yield

Date: 2018-08-16

Source: ShareSansar

Pokhara Finance Limited has announced 13.684% dividend for its sharesholders from the net profit of FY 2074/75.

As per the notice published in NEPSE, the finance company has announced 8.684% cash dividend worth Rs 7.09 crore and 5% bonus shares. 

Currently, the paid-up capital of the finance company stands at Rs 81.64 crore which will reach Rs 85.72 crore after the adjustment.

The market price of the company is Rs 138 which has announced 13% dividend. It implies that the shareholders are getting around 9.40% dividend yield which is an outstanding return.

The dividend is subject to approval from the upcoimg AGM and approval from the Nepal Rastra bank.