Dividend History of Mahalaxmi Bikas Bank Ltd. (MLBL)

Mahalaxmi Bikas Bank Ltd. (MLBL) is a “B” class development banks of Nepal. Dividend History of Mahalaxmi Bikas Bank Ltd. (MLBL).

About Company

Mahalaxmi Bikas Bank Ltd. (MLBL) is a “B” is class national level development in Nepal. It has got licensed from Nepal Rastra Bank to run banking services to the people. In 2052, it started its banking service. From there, it has been serving the general people through 104 branches with 34 ATMs.

Similarly, the bank has grabbed several awards for proving good financial service and maintaining transparency.

Dividend History of Mahalaxmi Bikas Bank Ltd. (MLBL)

Company does not have long history but has done good dividend distribution. Following is dividend history of last 7 year of MLBL.

FY 2078/79

Cash Dividend: 6.47%

Bonus Share: 4.00%

Total Dividend: 10.47%

FY 2077/78

Cash Dividend: 1.05%
Bonus Share: 20.00%
Total Dividend: 21.05%

FY 2076/77

Cash Dividend: 0.46%
Bonus Share: 8.80%
Total Dividend: 9.26%

This year, the company has comprised to distribute dividend.

FY 2075/76

Cash Dividend: 9.89%
Bonus Share: 8.00%
Total Dividend: 17.89%

FY 2074/75

Cash Dividend: 7.00%
Bonus Share: 8.00%
Total Dividend: 15.00%

The company’s growth is also can be seen from dividend history.

FY 2073/74

Cash Dividend: 9.00%
Bonus Share:
Total Dividend: 9.00%

FY 2072/73

Cash Dividend:
Bonus Share: 7.90%
Total Dividend: 7.90%

In fiscal year 2075-076, Company distributed 17.89 in which 8% bonus share with 9.89% cash dividend. Company has not issued any right share till date. It has managed its capital from merger and acquisition.