Tag: Cash

  • Nesdo Sambridha Laghubitta Distributes 15% Cash Dividend and Encourages Shareholder Dematerialization

    Nesdo Sambridha Laghubitta Distributes 15% Cash Dividend and Encourages Shareholder Dematerialization


    Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO) has taken the initiative to distribute a 15% cash dividend directly to the bank accounts of its shareholders and has encouraged them to convert their shares into dematerialized form.

    The company convened its 4th Annual General Meeting (AGM) for the fiscal year 2078/79 on the 26th of Ashwin, 2080. During this AGM, NESDO approved a 15% dividend, which includes applicable taxes, for the fiscal year 2078/79. The disbursement of this dividend into the bank accounts of shareholders commenced on the 29th of Ashwin, 2080.

    In addition to this, NESDO has made a specific request to its shareholders, particularly those who have not updated their bank information within the Demat account, to consider converting their shares into dematerialized form. This move aligns with modern financial practices and can streamline the dividend distribution process.

    Moreover, NESDO has outlined a requirement for eligible investors who have obtained loans against the company’s shares before the book closure date. To be eligible for dividend payment, these investors must provide a No Objection Letter from their respective lending institutions.

    By introducing these measures, NESDO is aiming to enhance the efficiency and transparency of its dividend distribution process while encouraging shareholders to modernize their shareholding by dematerializing their shares.

  • Citizens Capital Distributes 8% Cash Dividend to ‘Citizens Mutual Fund-2’ Unit Holders

    Citizens Capital Distributes 8% Cash Dividend to ‘Citizens Mutual Fund-2’ Unit Holders


    Citizens Capital Limited has provided an 8% cash dividend to the unit holders of “Citizens Mutual Fund – 2 (CMF2)” directly to their bank accounts, along with encouraging them to convert their physical shares into electronic format.

    For the last fiscal year, 2079/2080, the fund declared an 8% return and closed its books on Bhadra 19 to facilitate cash dividend distribution. Starting from the 8th of Ashwin, 2080, the fund initiated the process of depositing these returns into the beneficiary accounts of the unit holders.

    Additionally, the company is making a request to unit holders, particularly those who haven’t updated their bank information within their Demat accounts, to consider dematerializing their shares.

     

  • Sunrise Capital Distributes Cash Dividend to ‘Sunrise First Mutual Fund’ Unit Holders

    Sunrise Capital Distributes Cash Dividend to ‘Sunrise First Mutual Fund’ Unit Holders


    Sunrise Capital Limited is delivering a 16% cash dividend for “Sunrise First Mutual Fund” directly to the bank accounts of its unit holders. They have encouraged unit holders to convert their physical shares to electronic format.

    The fund had previously declared a 16% return for the fiscal year 2079/2080. Starting from the 26th of Ashwin, 2080, the fund will credit this return to the beneficiary accounts of the unit holders.

    Furthermore, the company is urging unit holders, especially those who haven’t updated their bank information in their Demat accounts, to dematerialize their shares.

     

  • Final Day to Claim Cash Dividend from Global IME Balance Fund I (GIBF1) – Act Now!

    Final Day to Claim Cash Dividend from Global IME Balance Fund I (GIBF1) – Act Now!


    Today marks the final opportunity for investors to claim the cash dividend offered by Global IME Capital’s mutual fund scheme. The book closure date is set for the 25th of Ashwin, and anyone who held units in the scheme until today is eligible for the dividend payout.

    During the 165th board meeting of Global IME Capital Limited held on Ashwin 15, a decision was made to allocate a 5% cash dividend, totaling Rs. 5.12 Crores, to the unitholders of Global IME Balance Fund I (GIBF1) for the fiscal year 2079/80.

    Global IME Balance Fund I (GIBF1) is a closed-end fund sponsored by Global IME Bank and managed by Global IME Capital. It has a maturity period of 10 years and boasts a fund size of Rs. 1.02 Arba. As of the end of Bhadra, its Net Asset Value (NAV) stands at Rs. 9.76.

     

  • Sanima Equity Fund Distributes 18% Cash Dividends to Unitholders’ Bank Accounts

    Sanima Equity Fund Distributes 18% Cash Dividends to Unitholders’ Bank Accounts


    Sanima Capital Limited has given 18% cash dividends to unit holders of “Sanima Equity Fund” and encouraged them to digitize their shares. This return was announced for the fiscal year 2079/2080. Starting from the 22nd of Ashwin, 2080, the fund began depositing these returns directly into the beneficiary accounts of the unit holders. The merchant bank has requested all unit holders to check and confirm the returns in their beneficiary accounts.

     

  • Citizens Capital’s 17th AGM Approves 12% Cash Dividend

    Citizens Capital’s 17th AGM Approves 12% Cash Dividend


     

    Citizens Capital held its 17th Annual General Meeting (AGM) on Ashoj 19, 2080, chaired by the company’s chairman.

    During the AGM, the shareholders approved a 12% cash dividend proposal, along with reviewing the financial reports for the fiscal year 2079-80, according to a media statement.

     

  • NMB Capital Distributes Cash Dividend to Unit Holders of ‘NMB Hybrid Fund L-1’ and ‘NMB 50’

    NMB Capital Distributes Cash Dividend to Unit Holders of ‘NMB Hybrid Fund L-1’ and ‘NMB 50’


    NMB Capital Limited will be giving a 15% cash dividend to the unit holders of “NMB Hybrid Fund L-1” and “NMB 50” directly into their bank accounts. They are encouraging unit holders to convert their shares into electronic form.

    Both funds had earlier announced a 15% cash dividend for the fiscal year 2079/2080. NMB Hybrid Fund L-1 will deposit the dividend in the unit holders’ beneficiary accounts starting from the 21st of Ashwin, while NMB 50 will do so from the 22nd of Ashwin, 2080. The bank advises all unit holders to check their beneficiary accounts for the dividend.

     

  • Last Day to Claim Cash Dividend from NESDO: Act Now!

    Last Day to Claim Cash Dividend from NESDO: Act Now!


     

    Investors in Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO) have a last chance to seize the proposed dividend as today marks the final day to claim this lucrative offering. NESDO has convened its 4th Annual General Meeting scheduled for the 26th of Ashwin, 2080, at the picturesque Royal Kushma Resort in Kusma, Parvat, beginning at 11 AM. Among the key agenda items, the AGM is set to endorse a generous 17.9342% cash dividend, equivalent to Rs. 4.57 Crores, for the fiscal year 2078/79. While the initial proposal in the 78th meeting of the company included a dividend of 73.6842%, covering bonus shares and cash dividends (including tax), it was later adjusted by the Nepal Rastra Bank to the approved percentage of 17.9342. NESDO’s current paid-up capital stands impressively at Rs. 25.50 Crores, solidifying its commitment to rewarding its valued shareholders and its continued growth in the financial sector. Don’t miss out on this opportunity to benefit from NESDO’s prosperous journey.

     

  • Shall i use USD cash or travel card after finishing international trip?

    Shall i use USD cash or travel card after finishing international trip?


    I currently hold funds in both my international traveler account (2000 USD) and have an additional 200 USD in cash remained after my trip. I now need to transfer these funds to my regular bank account in Nepal, as i am running out of money. Would it be prudent to withdraw the money using dollar cash or travel card? I’ve been informed that the Nepalese government permits a yearly top-up of only USD 2500. Some bank representatives suggested opening a free dollar account and offered assistance with any further recommendations over card. Should I opt to exchange the usd cash or simply deposit the travel card dollars into the dollar account? It seems there may be some undisclosed nepal banking banking regulations at play.

    View on r/NepalStock by OrdinaryNepaliguy

  • Is price is adjusted after the decleration of cash Dividend or not

    Is price is adjusted after the decleration of cash Dividend or not


    nesdo ko 18% cash dividend ko book close din paxi price ajust hunxa ki nai

    View on r/NepalStock by Icy-East5801

  • Banks declaring cash on dividend.

    Banks declaring cash on dividend.


    NIFRA (4%) and Citizens (9%) – both cash.
    This sub has been divided on cash or bonus share. It seems two of them are giving cash only. Is this good ?

    With CD ratio, it seems many are likely to follow same.

    View on r/NepalStock by captainright1

  • GIBF1 Proposes 5% Cash Dividend for FY 2079/80

    GIBF1 Proposes 5% Cash Dividend for FY 2079/80


     

    Global IME Balance Fund-I (GIBF1) plans to provide a 5% cash dividend to its unit holders for the fiscal year 2079/80. This decision was made during the 165th board meeting of Global IME Capital Limited on October 1, 2023 (Ashwin 15). The cash dividend amounts to Rs. 5.12 Crores and will be distributed to the unitholders of GIBF1.

    GIBF1 is a closed-end fund with a maturity period of 10 years and a fund size of Rs. 1.02 Arba.