NRB approves Manakamana Smart Microfinance dividend, how much is it paying?

Nepal Rastra Bank has approved the dividend proposed by Manakamana Smart Microfinance Financial Institution Limited.

NRB has approved the distribution of 25.95 million bonus shares, which is 17 percent of the last paid-up capital of Rs. 121.50 million from the last fiscal year’s profit.The dividend will be distributed to the shareholders after the approval of the next annual general meeting of the company.