Asha Laghubitta Bittiya Sanstha Limited (ALBSL), a leading microfinance institution in Nepal, has announced the distribution of a 14.25% bonus share and a 0.75% cash dividend for the fiscal year 2080/81. This declaration comes as part of the company’s continued efforts to reward its shareholders for their trust and investment in the company.
Financial Performance Overview
As of the latest market data, ALBSL boasts the following financial metrics:
- Shares Outstanding: 6,416,160
- Market Price: NPR 1,039 per share
- 52-Week High-Low: NPR 1,177 – 543
- 120-Day Average Price: NPR 1,042.17
- 1-Year Yield: 46.54%
- EPS (Earnings Per Share): NPR 9.37 (FY 080/81, Q4)
- P/E Ratio: 110.89
- Book Value: NPR 162.48
- PBV (Price-to-Book Value Ratio): 6.39
- 30-Day Avg Volume: 10,939 shares
The company’s performance over the past year has been notable, with its stock showing substantial growth. The market capitalization stands at NPR 6.67 billion, reflecting the strong investor confidence in ALBSL.
Bonus Shares and Cash Dividend Details
The 14.25% bonus share means that shareholders will receive 14.25 shares for every 100 shares they own, effectively increasing the number of shares outstanding. Meanwhile, the 0.75% cash dividend will provide immediate returns to shareholders, equivalent to NPR 0.75 per share owned.
This dual reward of bonus shares and cash dividend reflects ALBSL’s commitment to balancing long-term growth with short-term returns for investors. The issuance of bonus shares will also help to boost liquidity in the market, making it easier for new investors to enter while rewarding current shareholders.
Outlook for the Future
ALBSL’s decision to offer a bonus share and a cash dividend comes on the back of a solid financial year and strong stock market performance. With a 1-year yield of 46.54% and consistent trading volume, the company has demonstrated resilience and growth potential in the microfinance sector.
The future for ALBSL looks promising, especially with its strategic positioning in the market and steady financial returns. Investors can look forward to the continued growth of the company as it expands its microfinance operations and rewards its shareholders.
Conclusion
The announcement of a 14.25% bonus share and 0.75% cash dividend underscores ALBSL’s commitment to delivering value to its shareholders. With strong financial performance, an expanding market presence, and the backing of a solid microfinance sector, ALBSL continues to be a valuable player in Nepal’s financial landscape.
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