Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
The proposed dividend of 8.77% cash worth Rs 7.01 crore and 1.23% bonus shares worth Rs 98.5 lakh for FY 2074/75 is pending approval from Nepal Rastra Bank and the upcoming AGM of Shree Investment and Finance Company Limited.
Today is the last day to hold Oriental Hotel shares to be eligible for the 21st AGM, which will be convened at Nepal Administrative Staff College, Jawlakhel at 11:00 AM on Kartik 12, 2075. Agendas include 15 % bonus shares, FPO conversion ratio of 55:45, 11.32 % cash dividend, and auditor appointment.
Today is the last day to hold Bhargav Bikas Bank shares to qualify for the 5.55% bonus shares. AGM will be convened on Ashoj 27, 2075 at 11:00 AM at Kitchen Hut Pvt. Ltd.
Swarojgar Laghubitta has allotted all 100% right shares to valid applicants; the remaining 10,957.60 unit shares will be sold via auction at a future date, and the paid‑up capital will increase to Rs 24.48 crore.
Janaki Finance Limited has proposed a 23.16% dividend (22% bonus shares, 1.16% cash) which will be finalized at its AGM on 15 October 2018.
Bank of Kathmandu Limited has issued 8,275,133 bonus shares, which shareholders can now trade in the secondary market.
The 7th AGM of Sanima Mai Hydropower Limited will convene on 25 October 2018 at Celebration Height, Sukedhara Chowk from 11:00 AM to vote on a 15 % dividend. The dividend will consist of a 5 % cash payout and a 10 % bonus share issue, pending board approval.
Today is the last day to secure a 12.63% cash dividend from First Microfinance. Shareholders holding shares until Ashwin 15, 2075, will receive a total dividend of Rs 8.64 crore.
Today is the last day to qualify for Mero Microfinance’s 11.32% cash dividend and 15% bonus share; the shareholder book closes tomorrow (Ashwin 16, 2075).
Today is the last day to hold Janaki Finance Company Limited shares to participate in its 22nd AGM and receive a 22% bonus share distribution. The AGM will be held at Hotel Rama, Janakpurdham at 9:00 AM and will also approve a 1.16% cash dividend for tax purposes.
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