Citizen Investment Trust (CIT) has announced that today is the final day for shareholders to claim the proposed dividend.
The company has scheduled its 28th Annual General Meeting (AGM) for the 31st of Ashad, 2080. The meeting will take place at the company’s head office in New Baneshwor, Kathmandu, commencing at 3 pm.
Among the various agenda items, the AGM will approve a dividend of 26.3158% for the fiscal year 2078/79. This decision was made during a board of directors meeting on Baisakh 29. The proposed dividend includes 25% bonus shares and 1.3158% cash dividend (for tax purposes). The current paid-up capital of CIT is Rs 4,251,000,576. Additionally, the AGM will also involve the election of a director and the appointment of a representative to sign the decision book on behalf of the shareholders and directors.
The book closure date for dividend entitlement is Ashad 19. Shareholders who hold shares until today are eligible to receive the dividend and can also participate in the AGM.
Disclaimer
The information provided in this article is for general informational and educational purposes only. It should not be interpreted as financial, investment, trading, or professional advice. Market data, company announcements, ratings, and analysis may contain errors, may change without notice, and should always be verified directly from official filings, regulatory disclosures, and company press releases.
Investing in the share market, IPOs, FPOs, mutual funds, insurance products, or any financial instruments carries inherent risks. Past performance does not guarantee future results. Readers are strongly encouraged to consult a licensed financial advisor, investment professional, or legal expert before making any investment decisions. This website and its authors are not responsible for any financial losses, decisions, or actions taken based on the information provided.
