Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
Shareholders of NIC Asia Bank Limited who hold shares by Bhadra 26, 2076 are eligible to claim the 11.0526% cash dividend and attend the AGM on Ashwin 10, 2076. The meeting will also endorse a 10% bonus share issuance.
Book closure for dividends of NMB Sulav Investment Fund 1 and NMB Hybrid Fund L‑1 is set for Bhadra 26, 2076, with 15% and 10% cash dividends payable to units held through Bhadra 25, 2076.
ICRA Nepal Limited will conduct its 7th AGM on Ashwin 10, 2076 (September 27, 2019) at Hotel Annapurna, Durbarmarg from 2:30 PM, where it will approve a 33.68421% cash dividend from FY 75/76 for shareholders.
Unilever Nepal has proposed a cash dividend of Rs 770 per share on the profits of FY 2075/76. The company reported a turnover of Rs 5.75 arba and a net profit of Rs 1.06 arba.
Swadeshi Laghubitta Bittiya Sanstha Limited will issue 20% bonus shares worth Rs 4.60 crore and pay a 15% cash dividend (Rs 3.04 crore plus Rs 40.25 lakh tax) for FY 75/76, pending NRB approval.
For FY 75/76, Sparsh Laghubitta Bittiya Sanstha Limited (SPARS) will distribute a 13.65% dividend (including tax), accompanied by Rs 1.07 crore (13%) bonus shares and Rs 5.67 lakh (0.68%) cash dividend.
The 3rd AGM of NIC Asia Capital will be held on Ashwin 8, 2076 (September 25, 2019) at 9 AM, where an 11% cash dividend of Rs.2.20 Crore will be endorsed.
Shareholders of Kisan Microfinance Bittiya Sanstha Limited will receive 24% bonus shares worth Rs.2.06 Crore and a 1.14% cash dividend worth Rs.9.82 Lakhs, pending NRB approval and announcement at the upcoming AGM.
Sanima Bank has decided to distribute an 11.0526% cash dividend (incl. tax) and 10% bonus shares for FY 75/76, pending NRB approval.
Pending NRB approval, Bank of Kathmandu Limited will pay a 17% dividend (11% cash, 6% bonus shares) for FY 75/76, to be confirmed at the 25th AGM.
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