NTC pays out a 20% cash dividend to bank accounts.

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From the 2 Chaitra, 2078, Nepal Doorsanchar Limited (NTC) will distribute a 20% cash dividend straight to qualifying shareholders’ bank accounts (today). Shareholders also been advised to their shares, according to the corporation.

The company’s 14th AGM, the 24th Chaitra, 2078, approved a 20% cash dividend and 20% shares for the 2077/78. This was the first time the corporation had ever declared bonus shares. After bonus shares are issued, the company’s paid-up capital will be Rs. 18 Arba.

The book was due to be closed Chaitra 11th. As a result, dividends are payable to shareholders who stock prior to that date.

NTC currently has an LTP of Rs. 1,130.

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