GBIME 10% cash dividend, that’s around 4% dividend yield at CMP. Many banks are giving out cash dividend for last fiscal, so far NCCB and Sanima have also come up with decent cash dividend announcements.
View on r/NepalStock by masakkkali
Tag: Cash
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About cash dividend of HDL not claimed
Last year maile dad ko account bata HDL ko shares kineko thiye book close hunu aghi.
Ani I thought ki cash dividend haru directly bank ma deposit huncha.
I just saw this announcement while I was checking bonus share of this year.
Edi claim garena vane tyo paisa linai na milne ho?
View on r/NepalStock by SufficientPolicy1999
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NIBL Pragati Fund Distributes 6.8% Cash Dividends to Unitholders’ Bank Accounts
NIMB Ace Capital Limited has distributed a 6.8% cash dividend from the “NIBL Pragati Fund (NIBLPF)” directly to the unit holders’ bank accounts. They have also encouraged unit holders to convert their shares into dematerialized form.
This distribution represents the 6.8% return for the fiscal year 2079/2080, with the fund initiating deposits into beneficiaries’ accounts from the 12th of Ashwin, 2080. The company emphasizes that all unit holders should verify the return in their beneficiary accounts.
Furthermore, they have urged unit holders to update their bank information in the Demat account to ensure the smooth receipt of dividends. For eligible investors who have taken loans against the company’s shares, it’s essential to provide a No Objection Letter from their lending institution to receive the dividend.
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Nccb bank cash dividend related question ….
Heys guys just curious about whether people got their cash dividend of nccb bank that has merged with kbl. In my case I have got the bonus dividend but in case of cash dividend haven’t received it yet and was wondering if that’s the case for everyone ?
View on r/NepalStock by PJs_Zed
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How to withdraw cash from meroshare?
I am new to demat and meroshare. I have one share and under ‘my portfolio’ in meroshare, i can see the value of that share but how to get that amount into my bank account ? Also how many days will it take for me to be able to withdraw it?
View on r/NepalStock by mr-octopusZ
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Has anyone got email for Cash Dividend of NIFRA? If yes how can I deposit it?
Dear Sir/Madam,
Your Cash Dividend of NIFRA has still remaining to credit in your account due to bank account not updated on your Demat account. So, kindly update your bank account on your Demat account.
With Regards,
Subas Regmi
RTA/RTS Department
Global IME Capital Limited
Anyone received same message?
View on r/NepalStock by howyouknowme
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I just learned that cash dividend above 10% will cause a price adjustment of the share. Can someone please explain this and the reason for it too
I just learned that cash dividend above 10% will cause a price adjustment of the share. Can someone please explain this and the reason for it too
View on r/NepalStock by tessell8r
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“Citizens Bank’s 17th AGM on Ashoj 26 to Approve 5.79% Cash Dividend”
Citizens Bank has announced that its 17th Annual General Meeting (AGM) for the fiscal year 2079-80 will take place on Ashoj 26, 2080. During this meeting, the bank plans to approve a cash dividend of 5.79%, equivalent to Rs 82.21 crore, for its shareholders. This dividend comes from the profits earned in the previous fiscal year, as mentioned in their official statement. Currently, the bank operates 188 branches, 148 ATM locations, and 97 branchless banking units within its network.
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Siddhartha Capital’s 12th AGM: Financial Reports, Dividend, and Auditor Appointment on Agenda
Siddhartha Capital Limited (SIDCL) has announced its 12th Annual General Meeting (AGM), scheduled for the 25th of Ashwin, 2080 (October 12, 2023). The meeting will convene at Siddhartha Capital’s headquarters in Naxal, Kathmandu, commencing at 4 pm on that day.
The AGM will address several key agendas, including the endorsement of financial reports for the fiscal year 2079/80. Additionally, the meeting will seek approval for the auditor’s report, which encompasses Profit and Loss (PL) statements, financial reports, and cash flow reports for the same fiscal year. Furthermore, the appointment of an auditor for the upcoming fiscal year 2080/81 will be presented for endorsement.
One of the significant matters to be discussed and approved during the AGM is the declaration of a 25% cash dividend, which includes taxes and amounts to a total of Rs. 5 crores. This dividend distribution represents an important decision that will impact the company’s shareholders.
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Nesdo Sambridha Laghubitta Bittiya Sanstha’s 4th AGM: Cash Dividend and Key Agendas
Nesdo Sambridha Laghubitta Bittiya Sanstha Limited, known as NESDO, has scheduled its 4th Annual General Meeting (AGM) for the 26th of Ashwin, 2080. This important meeting will take place at the Royal Kushma Resort, situated in Kusma, Parvat, commencing at 11 AM on the specified day.
One of the key items on the AGM’s agenda is the endorsement of a 17.9342% cash dividend amounting to Rs. 4.57 Crores for the fiscal year 2078/79. Interestingly, during the 78th company meeting held on Chaita 10, 2079, a dividend of 73.6842% was proposed, including both bonus shares and cash dividends (inclusive of tax). This was based on the accumulated profits of the organization for the financial year 2078/79. However, subsequently, on Baisakh 04, 2080, the Nepal Rastra Bank approved a reduced dividend percentage of 17.9342%. It’s important to note that the current paid-up capital of the company stands at Rs. 25.50 Crores.
Additionally, the AGM will cover other critical topics such as the approval of the auditor’s report, which includes the Profit and Loss statements, financial reports, and cash flow reports for FY 2078/79. Furthermore, the appointment of an auditor for the fiscal year 2079/80 will be discussed. The meeting will also seek to grant the Board of Directors authority to oversee any merger or acquisition activities related to the company.
For shareholders interested in attending and being eligible for dividend payouts, it’s crucial to be aware of the book closure dates, which are from Ashwin 18 to Ashwin 26. Shareholders who maintain their status as of Ashwin 18 will be entitled to participate in this AGM and receive their dividends.
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“NIBL Pragati Fund Declares 6.8% Cash Dividend for FY 2079/80; Book Closure Soon”
NIBL Pragati Fund (NIBLPF) has announced a 6.8% cash dividend for its shareholders for the fiscal year 2079/80. This decision was made during the 112th Board of Directors (BOD) meeting held on Shrawan 13th. The dividend amounts to Rs. 5.10 Crores for the recently concluded financial year, and the book closure date for this dividend distribution will be announced later.
NIBL Pragati Fund (NIBLPF) is a 7-year closed-end mutual fund scheme that started with an initial fund of Rs. 75 crore. As of the end of Shrawan in 2080, the fund’s Net Asset Value (NAV) is Rs. 10.48.
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“SFMF Plans 16% Cash Dividend; Book Closure Notice Coming Soon”
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Sunrise First Mutual Fund (SFMF) has announced a 16% cash dividend amounting to Rs 13.76 crore, inclusive of taxes, for its unit holders. The specific date for closing the dividend distribution will be released soon, according to the provided statement.
SFMF, supported by Sunrise Bank and overseen by Sunrise Capital, is a closed-end fund with a maturity period of 10 years and a total size of Rs 86 crore. As of the end of Ashad, its Net Asset Value (NAV) is recorded at Rs. 12.92.