Jeevan Bikas Laghubitta(JBLB) has revised the dividend for the fiscal year 2078-79. The company plans to issue a 14.99% dividend comprising 14.285% bonus shares and a 0.714% cash dividend. The latter serves the purpose of tax imposed on the bonus shares, which means you are just getting the bonus shares at their minimum. The data comes from the recent AGM notice by the company.
The Book closing date for JBLB IPOs is marked from 17th – 30th Chaitra. Here’s everything you need to know about Jeevan Bikas IPO.
The dividend offer has been amended a third time and it’s not worth the while. Initially, the company offered a 37.368% dividend comprising 28% dividend shares and a 9.3684% cash bonus. This value dropped significantly to 33.15% with 26% Bonus shares and a 7.15% cash dividend in the second amendment.
As compared to last year, the newly proposed dividend is 1/5th of the previous dividend. You are likely to receive 1.43 bonus shares for every 10 IPOs of JBLB. If you have 17 JBLB IPOs, you are likely getting 2.43 bonus shares and no other component. The Book close date for the JBLB dividend claim is yet unmentioned. This laghubitta bittiya Sanstha limited Dividend will be circulated as soon as Nepal Rastra Bank approves.
In the previous year, the company proposed a 73.68% dividend combining a 70% Bonus share and a 3.68% of Cash dividend for 2077-78. Jeevan Bikas was one of the highest dividend-paying companies besides its high share value and demand. The decision was taken on 7th Falgun 2077, during the 56th AGM Board Meeting. The total dividend added up to around Rs 45 Crores and the JBLB IPO price was around Rs 4900 per unit.
Jeevan Bikas share and Cash Dividend
The JBLB share price has been fluctuating between an all-time low of Rs 1700 and an all-time high value of Rs. 5368 in the stock market. Here’s a breakdown of some of its prices;
|Current Price||Rs 1700 (As of 24th Match 2023)|
|Opening price||Rs 2750|
|52 Week High||Rs 5,368|
|52 Week Low||Rs 2,430|
|180 Days Average||Rs 2,849|
|120 Days Average||Rs 2,700|
Here’s everything about Jeevan Bikas Laghubitta (JBLB) Dividend and the price history of Jeevan Bikas laghubitta bittiya Sanstha Limited. Also, we hope you gain massive profits from the Jiban Bikash laghubitta bonus.