I don’t see a problem in paying dividends , the company is placed comfortably on Capital (CAR of 24-25% and healthy ROE) this should suffice the company’s growth.
Also, bonus shares has no cash impact. It’s basically an accounting exercise. Reallocation of retained reserves to share capital.
Typically , liquidity increases after bonus issues (as there are more number of shares floating); so this may lead to better price discovery. Other than this I don’t see much upside or downside.
Disclaimer : I’m invested
| Subscribe To Our Free Newsletter |
