From the 25th Chaitra, 2078, Nepal Doorsanchar Company Limited (NTC) will distribute a 20% cash dividend straight to qualifying shareholders’ bank accounts (today). Shareholders have also been advised to dematerialize their shares, according to the corporation.
The company’s 14th AGM, held on the 24th Chaitra, 2078, approved a 20% cash dividend and 20% bonus shares for the fiscal year 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.
NTC currently has an LTP of Rs. 1,130.