Nepal Hydro Developer Limited (NHDL) proposes a dividend of 7.3684 percent for fiscal year 2077/78.

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For fiscal year 2077/78, Nepal Hydro Developer Limited (NHDL) recommended a dividend of 7.3684 percent.

The of directors voted to disburse the dividend on the paid-up capital of Rs. 29.9 crores their 69th meeting on 1. The proposal includes 7% bonus shares worth slightly more than Rs 2.09 crores and a 0.3684 percent cash dividend (including tax) worth Rs 11.01 lakhs.

Only when the company’s upcoming AGM the dividend it be paid out. For fiscal year 2076/77, the corporation distributed 15% bonus shares and a 0.7895 percent cash dividend. NHDL currently has an LTP of Rs. 400.

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