Regarding cash dividend of mutual funds


Recently NMB50 & NMBHF declared 21% divident. Does that mean we get RS. 21 per share or RS 0.21 pasia per share?

let’s assume I have 5000 kitta of NMB50 I’ll get 0.21*5000= Rs 1050. Or is it something else. Bit confuesed here.

More at: r/NepalStock by howyouknowme

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1 Comment
  1. Perfect-Preference83 says

    You’ll get Rs. 2.10 per share.

    Edit : 21% of face value = 0.21*10 = Rs 2.10 per share

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