Overview
Guheshowori Merchant Bank & Finance Co. Ltd. (GMFIL) is a “C” class bank and financial institutions of Nepal. It is growing its business through out the country. The earning per share of the company is Rs. 11.80 and the book value is Rs. 157.83. The dividend capacity of the company is Rs. 13.1 as per the report of 2077/78.
Company proposed 10.5263% dividend from the profit of fiscal year 2077/78. In which 10% is bonus share worth Rs. 8.64 crore and 0.5263% cash dividend including tax worth Rs.45.47 lakh.
Dividend History of Guheshowori Merchant Bank & Finance Co. Ltd. (GMFIL)
Company has fine dividend history. They have raised the paid up capital of the company through distributing bonus share. Along with that, company has issued right share to its share holder as well. Following is the table showing dividend history of GMFIL of Last 10 years.
In fiscal year 2070-71, Company distributed 25% dividend in which 23.75% was bonus share with 1.25% cash dividend for tax purpose. Similarly, in following year company issued 50% right share.
Dividend capacity of Finance Companies: Click Here
