Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
Shareholders holding Siddhartha Bank Limited shares as of Kartik 17 will receive the 10.53% dividend for FY 2081/82 and can attend the AGM on Kartik 30.
Book closure for Gurans Laghubitta Bittiya Sanstha Limited's 15% dividend runs until Kartik 14; shareholders holding shares before that date are eligible for the dividend payout. The company’s 10th AGM will be held at Hile Kanjirowa Makalu Hotel, Dhankuta, on Kartik 23 at 9:00 a.m.
Shivam Holdings Limited has announced a cash dividend of Rs. 11.60 crore for shareholders for FY 2081/82. The company has also applied to the Securities Board of Nepal to issue 20% of its shares, worth Rs. 1.16 billion, to the public at a premium.
The book closure for the proposed 25% dividend and 25th AGM is 20th Kartik 2082; shareholders held on or before 19th Kartik will be eligible for dividend and AGM.
Book closure is set for 18th Kartik; shareholders retaining their position before that date are eligible for the dividend. The 32nd AGM will convene at 4:30 am on 25th Kartik at The Everest Hotel, Kathmandu.
Standard Chartered Bank has proposed a 19% cash dividend (inclusive of tax) for the fiscal year 2081/82, pending approval from Nepal Rastra Bank and the Annual General Meeting of shareholders.
Today is the last day to secure the 18.20% dividend proposed by Muktinath Bikas Bank Limited for FY 2081/82. Book closure is on 31st Ashwin; shareholders holding shares prior to that date are eligible.
Shareholders must hold shares as of 16th Kartik 2082 to qualify for the 8 % cash dividend. The 19th AGM and dividend endorsement will take place on 26th Kartik 2082 at Nepal Academy, Kamaladi.
Miteri Development Bank has proposed a 10% cash dividend of Rs. 12.17 crores for fiscal year 2081/82. The dividend will be distributed only after central bank approval and endorsement at the upcoming AGM.
The tentative cut-off price for Barun Hydropower Company Limited ordinary shares is Rs. 284.6 based on 553 applications; the shares last traded at Rs. 319.70 per share.
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