Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 54]Code Context $user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4322',
'magazine_issue_id' => '1280',
'magazine_category_id' => '8',
'title' => 'Majority of Microfinance Companies Opt Against Dividend Distribution',
'image' => null,
'short_content' => '',
'content' => '<p>The majority of microfinance companies listed on Nepse have not distributed dividends to their investors in the current fiscal year. Out of the 55 microfinance companies listed, only 15 have distributed dividends to their shareholders from the profit of the last fiscal year (FY), while 27 have already announced their decision not to distribute dividends. Notable microfinance companies such as Himalayan Microfinance, Gurans Microfinance, Infinity Microfinance, Laxmi Microfinance, CYC Microfinance, Sadhana Microfinance, and others have chosen not to distribute dividends. Similarly, Gramin Bikas Microfinance, Nirdhan Uthan Microfinance, Kalika Microfinance, and others have also made similar decisions.</p>
<p>Hard hit by the regulatory tightening of Nepal Rastra Bank including tightening of service charges and interest rates since last year, along with the economic recession, the majority of microfinance companies saw their non-performing loan (NPL) surging in the current fiscal year. The profits of listed companies have been directly affected by the increasing bad loans, thereby impeding dividend payouts to shareholders. Additionally, the dividend rate of companies that announced dividends has decreased compared to previous years. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2024-03-14 12:34:38',
'modified' => '2024-03-14 23:33:41',
'keywords' => '',
'description' => '',
'sortorder' => '4231',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1280',
'image' => '20240312021147_2024-03-12 14.03.12_11zon.jpg',
'sortorder' => '1807',
'published' => true,
'created' => '2024-03-12 14:10:59',
'modified' => '2024-03-12 14:12:02',
'title' => 'March 2024',
'publish_date' => '2024-03-12',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
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'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
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'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '4322',
'magazine_issue_id' => '1280',
'magazine_category_id' => '8',
'title' => 'Majority of Microfinance Companies Opt Against Dividend Distribution',
'image' => null,
'short_content' => '',
'content' => '<p>The majority of microfinance companies listed on Nepse have not distributed dividends to their investors in the current fiscal year. Out of the 55 microfinance companies listed, only 15 have distributed dividends to their shareholders from the profit of the last fiscal year (FY), while 27 have already announced their decision not to distribute dividends. Notable microfinance companies such as Himalayan Microfinance, Gurans Microfinance, Infinity Microfinance, Laxmi Microfinance, CYC Microfinance, Sadhana Microfinance, and others have chosen not to distribute dividends. Similarly, Gramin Bikas Microfinance, Nirdhan Uthan Microfinance, Kalika Microfinance, and others have also made similar decisions.</p>
<p>Hard hit by the regulatory tightening of Nepal Rastra Bank including tightening of service charges and interest rates since last year, along with the economic recession, the majority of microfinance companies saw their non-performing loan (NPL) surging in the current fiscal year. The profits of listed companies have been directly affected by the increasing bad loans, thereby impeding dividend payouts to shareholders. Additionally, the dividend rate of companies that announced dividends has decreased compared to previous years. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2024-03-14 12:34:38',
'modified' => '2024-03-14 23:33:41',
'keywords' => '',
'description' => '',
'sortorder' => '4231',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1280',
'image' => '20240312021147_2024-03-12 14.03.12_11zon.jpg',
'sortorder' => '1807',
'published' => true,
'created' => '2024-03-12 14:10:59',
'modified' => '2024-03-12 14:12:02',
'title' => 'March 2024',
'publish_date' => '2024-03-12',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4322',
'hit' => '387'
)
)
)
$current_user = null
$logged_in = false
$user = null
include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 54]Code Context $user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4322',
'magazine_issue_id' => '1280',
'magazine_category_id' => '8',
'title' => 'Majority of Microfinance Companies Opt Against Dividend Distribution',
'image' => null,
'short_content' => '',
'content' => '<p>The majority of microfinance companies listed on Nepse have not distributed dividends to their investors in the current fiscal year. Out of the 55 microfinance companies listed, only 15 have distributed dividends to their shareholders from the profit of the last fiscal year (FY), while 27 have already announced their decision not to distribute dividends. Notable microfinance companies such as Himalayan Microfinance, Gurans Microfinance, Infinity Microfinance, Laxmi Microfinance, CYC Microfinance, Sadhana Microfinance, and others have chosen not to distribute dividends. Similarly, Gramin Bikas Microfinance, Nirdhan Uthan Microfinance, Kalika Microfinance, and others have also made similar decisions.</p>
<p>Hard hit by the regulatory tightening of Nepal Rastra Bank including tightening of service charges and interest rates since last year, along with the economic recession, the majority of microfinance companies saw their non-performing loan (NPL) surging in the current fiscal year. The profits of listed companies have been directly affected by the increasing bad loans, thereby impeding dividend payouts to shareholders. Additionally, the dividend rate of companies that announced dividends has decreased compared to previous years. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2024-03-14 12:34:38',
'modified' => '2024-03-14 23:33:41',
'keywords' => '',
'description' => '',
'sortorder' => '4231',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1280',
'image' => '20240312021147_2024-03-12 14.03.12_11zon.jpg',
'sortorder' => '1807',
'published' => true,
'created' => '2024-03-12 14:10:59',
'modified' => '2024-03-12 14:12:02',
'title' => 'March 2024',
'publish_date' => '2024-03-12',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
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'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '4322',
'magazine_issue_id' => '1280',
'magazine_category_id' => '8',
'title' => 'Majority of Microfinance Companies Opt Against Dividend Distribution',
'image' => null,
'short_content' => '',
'content' => '<p>The majority of microfinance companies listed on Nepse have not distributed dividends to their investors in the current fiscal year. Out of the 55 microfinance companies listed, only 15 have distributed dividends to their shareholders from the profit of the last fiscal year (FY), while 27 have already announced their decision not to distribute dividends. Notable microfinance companies such as Himalayan Microfinance, Gurans Microfinance, Infinity Microfinance, Laxmi Microfinance, CYC Microfinance, Sadhana Microfinance, and others have chosen not to distribute dividends. Similarly, Gramin Bikas Microfinance, Nirdhan Uthan Microfinance, Kalika Microfinance, and others have also made similar decisions.</p>
<p>Hard hit by the regulatory tightening of Nepal Rastra Bank including tightening of service charges and interest rates since last year, along with the economic recession, the majority of microfinance companies saw their non-performing loan (NPL) surging in the current fiscal year. The profits of listed companies have been directly affected by the increasing bad loans, thereby impeding dividend payouts to shareholders. Additionally, the dividend rate of companies that announced dividends has decreased compared to previous years. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2024-03-14 12:34:38',
'modified' => '2024-03-14 23:33:41',
'keywords' => '',
'description' => '',
'sortorder' => '4231',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1280',
'image' => '20240312021147_2024-03-12 14.03.12_11zon.jpg',
'sortorder' => '1807',
'published' => true,
'created' => '2024-03-12 14:10:59',
'modified' => '2024-03-12 14:12:02',
'title' => 'March 2024',
'publish_date' => '2024-03-12',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
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'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4322',
'hit' => '387'
)
)
)
$current_user = null
$logged_in = false
$user = null
include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 55]Code Context //find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4322',
'magazine_issue_id' => '1280',
'magazine_category_id' => '8',
'title' => 'Majority of Microfinance Companies Opt Against Dividend Distribution',
'image' => null,
'short_content' => '',
'content' => '<p>The majority of microfinance companies listed on Nepse have not distributed dividends to their investors in the current fiscal year. Out of the 55 microfinance companies listed, only 15 have distributed dividends to their shareholders from the profit of the last fiscal year (FY), while 27 have already announced their decision not to distribute dividends. Notable microfinance companies such as Himalayan Microfinance, Gurans Microfinance, Infinity Microfinance, Laxmi Microfinance, CYC Microfinance, Sadhana Microfinance, and others have chosen not to distribute dividends. Similarly, Gramin Bikas Microfinance, Nirdhan Uthan Microfinance, Kalika Microfinance, and others have also made similar decisions.</p>
<p>Hard hit by the regulatory tightening of Nepal Rastra Bank including tightening of service charges and interest rates since last year, along with the economic recession, the majority of microfinance companies saw their non-performing loan (NPL) surging in the current fiscal year. The profits of listed companies have been directly affected by the increasing bad loans, thereby impeding dividend payouts to shareholders. Additionally, the dividend rate of companies that announced dividends has decreased compared to previous years. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2024-03-14 12:34:38',
'modified' => '2024-03-14 23:33:41',
'keywords' => '',
'description' => '',
'sortorder' => '4231',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1280',
'image' => '20240312021147_2024-03-12 14.03.12_11zon.jpg',
'sortorder' => '1807',
'published' => true,
'created' => '2024-03-12 14:10:59',
'modified' => '2024-03-12 14:12:02',
'title' => 'March 2024',
'publish_date' => '2024-03-12',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
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'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '4322',
'magazine_issue_id' => '1280',
'magazine_category_id' => '8',
'title' => 'Majority of Microfinance Companies Opt Against Dividend Distribution',
'image' => null,
'short_content' => '',
'content' => '<p>The majority of microfinance companies listed on Nepse have not distributed dividends to their investors in the current fiscal year. Out of the 55 microfinance companies listed, only 15 have distributed dividends to their shareholders from the profit of the last fiscal year (FY), while 27 have already announced their decision not to distribute dividends. Notable microfinance companies such as Himalayan Microfinance, Gurans Microfinance, Infinity Microfinance, Laxmi Microfinance, CYC Microfinance, Sadhana Microfinance, and others have chosen not to distribute dividends. Similarly, Gramin Bikas Microfinance, Nirdhan Uthan Microfinance, Kalika Microfinance, and others have also made similar decisions.</p>
<p>Hard hit by the regulatory tightening of Nepal Rastra Bank including tightening of service charges and interest rates since last year, along with the economic recession, the majority of microfinance companies saw their non-performing loan (NPL) surging in the current fiscal year. The profits of listed companies have been directly affected by the increasing bad loans, thereby impeding dividend payouts to shareholders. Additionally, the dividend rate of companies that announced dividends has decreased compared to previous years. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2024-03-14 12:34:38',
'modified' => '2024-03-14 23:33:41',
'keywords' => '',
'description' => '',
'sortorder' => '4231',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1280',
'image' => '20240312021147_2024-03-12 14.03.12_11zon.jpg',
'sortorder' => '1807',
'published' => true,
'created' => '2024-03-12 14:10:59',
'modified' => '2024-03-12 14:12:02',
'title' => 'March 2024',
'publish_date' => '2024-03-12',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4322',
'hit' => '387'
)
)
)
$current_user = null
$logged_in = false
$user = null
$groupId = null
include - APP/View/MagazineArticles/view.ctp, line 55
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: summary [APP/View/MagazineArticles/view.ctp, line 62]Code Context<?php
echo $this->Html->meta(array('name' => 'description', 'type' => 'meta', 'content' => $magazineArticle['MagazineArticle']['summary']), null, array('inline' => false));?>
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '4322',
'magazine_issue_id' => '1280',
'magazine_category_id' => '8',
'title' => 'Majority of Microfinance Companies Opt Against Dividend Distribution',
'image' => null,
'short_content' => '',
'content' => '<p>The majority of microfinance companies listed on Nepse have not distributed dividends to their investors in the current fiscal year. Out of the 55 microfinance companies listed, only 15 have distributed dividends to their shareholders from the profit of the last fiscal year (FY), while 27 have already announced their decision not to distribute dividends. Notable microfinance companies such as Himalayan Microfinance, Gurans Microfinance, Infinity Microfinance, Laxmi Microfinance, CYC Microfinance, Sadhana Microfinance, and others have chosen not to distribute dividends. Similarly, Gramin Bikas Microfinance, Nirdhan Uthan Microfinance, Kalika Microfinance, and others have also made similar decisions.</p>
<p>Hard hit by the regulatory tightening of Nepal Rastra Bank including tightening of service charges and interest rates since last year, along with the economic recession, the majority of microfinance companies saw their non-performing loan (NPL) surging in the current fiscal year. The profits of listed companies have been directly affected by the increasing bad loans, thereby impeding dividend payouts to shareholders. Additionally, the dividend rate of companies that announced dividends has decreased compared to previous years. </p>
',
'status' => true,
'publish_date' => null,
'created' => '2024-03-14 12:34:38',
'modified' => '2024-03-14 23:33:41',
'keywords' => '',
'description' => '',
'sortorder' => '4231',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1280',
'image' => '20240312021147_2024-03-12 14.03.12_11zon.jpg',
'sortorder' => '1807',
'published' => true,
'created' => '2024-03-12 14:10:59',
'modified' => '2024-03-12 14:12:02',
'title' => 'March 2024',
'publish_date' => '2024-03-12',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
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'title' => 'Biz News',
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'content' => '<p>The majority of microfinance companies listed on Nepse have not distributed dividends to their investors in the current fiscal year. Out of the 55 microfinance companies listed, only 15 have distributed dividends to their shareholders from the profit of the last fiscal year (FY), while 27 have already announced their decision not to distribute dividends. Notable microfinance companies such as Himalayan Microfinance, Gurans Microfinance, Infinity Microfinance, Laxmi Microfinance, CYC Microfinance, Sadhana Microfinance, and others have chosen not to distribute dividends. Similarly, Gramin Bikas Microfinance, Nirdhan Uthan Microfinance, Kalika Microfinance, and others have also made similar decisions.</p>
<p>Hard hit by the regulatory tightening of Nepal Rastra Bank including tightening of service charges and interest rates since last year, along with the economic recession, the majority of microfinance companies saw their non-performing loan (NPL) surging in the current fiscal year. The profits of listed companies have been directly affected by the increasing bad loans, thereby impeding dividend payouts to shareholders. Additionally, the dividend rate of companies that announced dividends has decreased compared to previous years. </p>
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include - APP/View/MagazineArticles/view.ctp, line 62
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: summary [APP/View/MagazineArticles/view.ctp, line 68]Code Context echo $this->Html->meta(array('property' => 'og:title', 'type' => 'meta', 'content' => $magazineArticle['MagazineArticle']['title']), null, array('inline' => false));?>
<?php
echo $this->Html->meta(array('property' => 'og:description', 'type' => 'meta', 'content' => $magazineArticle['MagazineArticle']['summary']), null, array('inline' => false));?>
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'id' => '4322',
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'image' => null,
'short_content' => '',
'content' => '<p>The majority of microfinance companies listed on Nepse have not distributed dividends to their investors in the current fiscal year. Out of the 55 microfinance companies listed, only 15 have distributed dividends to their shareholders from the profit of the last fiscal year (FY), while 27 have already announced their decision not to distribute dividends. Notable microfinance companies such as Himalayan Microfinance, Gurans Microfinance, Infinity Microfinance, Laxmi Microfinance, CYC Microfinance, Sadhana Microfinance, and others have chosen not to distribute dividends. Similarly, Gramin Bikas Microfinance, Nirdhan Uthan Microfinance, Kalika Microfinance, and others have also made similar decisions.</p>
<p>Hard hit by the regulatory tightening of Nepal Rastra Bank including tightening of service charges and interest rates since last year, along with the economic recession, the majority of microfinance companies saw their non-performing loan (NPL) surging in the current fiscal year. The profits of listed companies have been directly affected by the increasing bad loans, thereby impeding dividend payouts to shareholders. Additionally, the dividend rate of companies that announced dividends has decreased compared to previous years. </p>
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'short_content' => '',
'content' => '<p>The majority of microfinance companies listed on Nepse have not distributed dividends to their investors in the current fiscal year. Out of the 55 microfinance companies listed, only 15 have distributed dividends to their shareholders from the profit of the last fiscal year (FY), while 27 have already announced their decision not to distribute dividends. Notable microfinance companies such as Himalayan Microfinance, Gurans Microfinance, Infinity Microfinance, Laxmi Microfinance, CYC Microfinance, Sadhana Microfinance, and others have chosen not to distribute dividends. Similarly, Gramin Bikas Microfinance, Nirdhan Uthan Microfinance, Kalika Microfinance, and others have also made similar decisions.</p>
<p>Hard hit by the regulatory tightening of Nepal Rastra Bank including tightening of service charges and interest rates since last year, along with the economic recession, the majority of microfinance companies saw their non-performing loan (NPL) surging in the current fiscal year. The profits of listed companies have been directly affected by the increasing bad loans, thereby impeding dividend payouts to shareholders. Additionally, the dividend rate of companies that announced dividends has decreased compared to previous years. </p>
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include - APP/View/MagazineArticles/view.ctp, line 68
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Majority of Microfinance Companies Opt Against Dividend Distribution
The majority of microfinance companies listed on Nepse have not distributed dividends to their investors in the current fiscal year. Out of the 55 microfinance companies listed, only 15 have distributed dividends to their shareholders from the profit of the last fiscal year (FY), while 27 have already announced their decision not to distribute dividends. Notable microfinance companies such as Himalayan Microfinance, Gurans Microfinance, Infinity Microfinance, Laxmi Microfinance, CYC Microfinance, Sadhana Microfinance, and others have chosen not to distribute dividends. Similarly, Gramin Bikas Microfinance, Nirdhan Uthan Microfinance, Kalika Microfinance, and others have also made similar decisions.
Hard hit by the regulatory tightening of Nepal Rastra Bank including tightening of service charges and interest rates since last year, along with the economic recession, the majority of microfinance companies saw their non-performing loan (NPL) surging in the current fiscal year. The profits of listed companies have been directly affected by the increasing bad loans, thereby impeding dividend payouts to shareholders. Additionally, the dividend rate of companies that announced dividends has decreased compared to previous years.
