Tag: Dividend

  • Seize Your Share: Final Day for Dividends from SIFC, BNT, and MH

    Seize Your Share: Final Day for Dividends from SIFC, BNT, and MH


    Today marks the final opportunity for shareholders to seize the proposed 5.05% cash dividend declared by Shree Investment Finance Company Limited (SIFC). The company’s 29th Annual General Meeting (AGM) is scheduled for the 29th of Poush, 2080, at the office of the company registrar in Dillibazar, Kathmandu, beginning at 10 am. The decision to distribute the dividend, amounting to Rs. 4.95 crores, was made during the 336th meeting of the board of directors on Mangsir 26, derived from the paid-up capital of Rs. 98.16 crores. Shareholders registered before the book closure date of Poush 20 are eligible for the dividend and can participate in the AGM.

    Similarly, shareholders have until today to avail themselves of the 60% cash dividend proposed by Bottlers Nepal Terai Limited (BNT). The company has called its 37th AGM on the 27th of Poush, 2080, at Soaltee Hotel, Tahachal, Kathmandu, commencing at noon. A cash dividend of Rs. 60 per share has been suggested for the fiscal year 2079/80. Shareholders maintaining their status till Poush 19 can attend the AGM and qualify for the dividend payout.

    Furthermore, today is the last day for investors to secure the dividend proposed by Mandakini Hydropower Limited (MHL). The company’s 10th AGM is scheduled for Poush 29, 2080, at Foodland and Banquet, Battisputali, Kathmandu, starting at 10 AM. The board of directors, in a meeting on the 29th of Mangsir 2080, proposed a 5% dividend from the profit earned after FY 2079/80. The paid-up capital stands at Rs. 58.8 Crores, with a suggestion of 4.75% bonus shares and 0.25% cash dividend (including tax). The book closure for both the proposed dividend and AGM is on the 20th of Poush, 2080. Therefore, shareholders maintaining their status until the 19th of Poush are entitled to the dividend payout and can participate in the AGM.

  • Am i eligible for HDL Dividend or not.

    Am i eligible for HDL Dividend or not.


    I bought share through broker on poush 09 but only did WACC on mero share as it came on push 13 due to holiday in between days. So question is am I still eligible for the dividend considering i bought it before cut off.Thankyou.


    View on r/NepalStock by Crazy_Possession_692


  • Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders

    Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders


    Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have commenced the auction of their respective promoter shares. Bijaya Kumar Thakur is offering 26,000 units, while Dhirendra Thakur is putting up 30,000 units for auction. This auction, which began on the 18th of Poush, 2080, is exclusively open to existing promoter shareholders.

    A total of 56,000 units of promoter shares are available for auction, and only shareholders meeting the eligibility criteria are encouraged to participate. The auction period spans 15 days from the publication date of this notice, providing existing promoter shareholders with a window to bid for these shares.

    As of the latest information, the Last Traded Price (LTP) for MPFL currently stands at Rs. 320. Simultaneously, another financial instrument associated with Multipurpose Finance Company Limited, MPFLPO, holds an LTP of Rs. 150.00, as recorded on December 5th, 2023. These details serve as additional context for potential investors considering participation in the ongoing auction of promoter shares, adding pertinent information to aid their decision-making process.

  • CLI Proposes Inaugural Dividend of 5.2632% Following NEPSE Listing

    CLI Proposes Inaugural Dividend of 5.2632% Following NEPSE Listing


    Citizen Life Insurance Company Limited (CLI) is planning to issue its inaugural dividend of 5.2632% for the fiscal year 2079/80, following its recent listing on the Nepal Stock Exchange (NEPSE). The decision was made during the 97th board of directors meeting on Poush 16, where a dividend distribution of 5% in bonus shares and 0.2632% in cash dividends was proposed. This translates to bonus shares valued at Rs. 18.75 crores and cash dividends, including tax, amounting to Rs. 98.68 lakhs. The company’s current paid-up capital is Rs. 3.75 Arba.

    It is essential to note that the distribution of this dividend is contingent on approval from the Nepal Insurance Authority and subsequent endorsement at the company’s upcoming Annual General Meeting (AGM). As of the latest available information, the company’s closing stock price is Rs. 529.

    In summary, CLI, after being listed on NEPSE, has put forth its first dividend proposal for FY 2079/80, comprising bonus shares and cash dividends, subject to regulatory approval and AGM endorsement. The total dividend amounts to Rs. 18.75 crores in bonus shares and Rs. 98.68 lakhs in cash dividends, with a paid-up capital of Rs. 3.75 Arba.

  • Book Closure Alert: Five Companies Set to Distribute Dividends, Shareholders Urged to Act Before Deadline

    Book Closure Alert: Five Companies Set to Distribute Dividends, Shareholders Urged to Act Before Deadline


    Five companies are closing their books tomorrow for shareholders to qualify for declared dividends, and today is the last day for shareholders to secure their entitlement. Kalika Power Company Limited (KPCL) has announced a book closure date of Poush 18 for shareholders to qualify for the proposed 10.5263% dividend, as decided in the company’s Annual General Meeting (AGM) held on 28th Poush, 2080. The AGM will take place at Diyalo Foodland Chitwan Pvt. Ltd., Bharatpur-10, Chitwan, starting at 11 am, endorsing a 10% bonus shares and a 0.5263% cash dividend on the paid-up capital of Rs. 79.35 crores.

    Rastriya Banijya Bank Limited (RBBL) has called its 18th AGM on 29th Poush, 2080, and today is the last day for shareholders to secure the 5.50% cash dividend proposed. The AGM will be held at Rastriya Banijya Bank’s Hall, Durbarmarg, at 2:00 p.m., endorsing a 5.50% cash dividend worth Rs. 86.00 Crores from the paid-up capital of Rs. 15.63 Arba.

    Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has its book closure date on Poush 18, and today is the last day for shareholders to claim the dividend proposed in its 5th AGM on 29th Poush, 2080. The AGM, starting at 10:30 AM in the company’s head office located at Katahari, Morang, will endorse 14% bonus shares and a 0.7369% cash dividend on the paid-up capital of Rs. 1.18 Arba.

    Hydroelectricity Investment and Development Company Limited (HIDCL) is closing its books on Poush 18, and shareholders maintained till Poush 17 are entitled to the 5.263% cash dividend proposed in its 12th AGM on Poush 29, 2080. The meeting will be held in Baneshwor Banquet Naya Baneshwor, Kathmandu, at 10 am.

    Universal Power Company Limited (UPCL) has set the book closure date on Poush 18, with today being the last day for shareholders to qualify for the 9% dividend proposed in its upcoming AGM on 29th Poush, 2080. The meeting is scheduled to take place at the Company Register’s Office, Tripureshwor, Kathmandu, starting at 12:15 pm, and will endorse 0.45% cash dividend and 8.55% bonus shares.

  • Why did NABIL bank only give 11% cash dividend this year?

    Why did NABIL bank only give 11% cash dividend this year?


    3 barsa ramro dividend dine kura thyo bank ko. Aafu le bhaneko kina diyena? Bank ko profit ghatera ho ki aaru nai kunai reason pani cha? Aaba paile jasto dividend dina sakdaina bank le?


    View on r/NepalStock by Tricky_Designer4722


  • What is the process after Dividend is announced by the company?

    What is the process after Dividend is announced by the company?


    I am new and the share i bought which is NTC announced Dividend today.

    So, what is the process to receive the dividend?

    and when does the share price get adjusted? is it after the announcement or after they provide dividend?


    View on r/NepalStock by Tsukiknows


  • How dividend works (newbie question)?

    How dividend works (newbie question)?


    Last week dekhi dividend nai dividend ko news aaudai xa newbie ho so thorai silly questions haru hola aswer gardinu hola

    Dividend pauna ko lagi kati din samma hold garnu parne hunxa?

    Ani dividend announce vaye sake paxi buy garda dividend pauxa ki nai?


    View on r/NepalStock by ashish-kamat


  • Shivam Cements Limited Announces 8th AGM with Proposal for 15% Dividend and Bonus Shares

    Shivam Cements Limited Announces 8th AGM with Proposal for 15% Dividend and Bonus Shares


    Shivam Cements Limited (SHIVM) has announced its 8th Annual General Meeting (AGM) scheduled for the 27th of Poush, 2080. The meeting is set to take place at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 9:00 a.m. Among the various items on the agenda, the AGM will approve a 15% dividend for the fiscal year 2079/80.

    The proposal for the 15% dividend was put forward during the 123rd meeting of the board of directors held on Poush 03. In addition to the cash dividend, the company has proposed a distribution of 14.25% bonus shares, amounting to Rs. 62.70 Crores, and a 0.75% cash dividend for tax purposes, valued at Rs. 3.30 Crores. Shivam Cements Limited currently has a paid-up capital of Rs. 4.40 Arba.

    Shareholders who maintain their holdings until the book closure date on Poush 19 will be eligible to receive the dividend payout and are also invited to attend the AGM.

  • Book Closure Alert: Eight Companies Declare Dividends, Urging Shareholders to Act Before Poush 16, 2080

    Book Closure Alert: Eight Companies Declare Dividends, Urging Shareholders to Act Before Poush 16, 2080


    Eight companies that have declared dividends, either in cash or stock, are set to close their books from tomorrow until the 16th of Poush, 2080. Shareholders of these companies have until today to hold their shares if they wish to claim the proposed dividends.

    ICFC Finance Limited (ICFC) has set the book closure date for its 6.5% cash dividend at Poush 13. The company has scheduled its 20th AGM on the 29th of Poush, 2080, at Amrapali Banquet, Bhatbhateni, Kathmandu, starting at 10:00 a.m.

    Similarly, Sikles Hydropower Limited (SIKLES) has announced a 6% cash dividend, and shareholders have until today to be eligible for this dividend. The 19th AGM is scheduled for the 27th of Poush, 2080, at Aavya Club, Gharipatan, Pokhara, starting from 11 a.m.

    Himalayan Distillery Limited (HDL) has proposed a 25% dividend and has set the book closure date for Poush 13. The 23rd AGM is scheduled for Poush 25, 2080, at the Company’s Registered Office in Birgunj Municipality, Ward No-21, Lipanibirta, Parsa, starting at 10 a.m.

    Radhi Bidyut Company Limited (RADHI) has proposed a 5% dividend, and today is the last day for shareholders to be eligible. The AGM is scheduled for Poush 29, 2080, at the Company Office, Tripureshwor, Kathmandu, starting at 11 a.m.

    Ghorahi Cement Industry Limited (GCIL) has proposed a 15% dividend, and today is the last day for shareholders to be eligible. The 3rd AGM is scheduled for the 28th of Poush, 2080, at Hotel Pauwa, Ghorahi-15, Dang, starting from 9 a.m.

    Support Laghubitta Bittiya Sanstha Limited (SMB) has proposed a dividend of 13.6842%, and today is the last day for shareholders to be eligible. The 9th AGM is scheduled for the 27th of Poush, 2080 (12th January 2024), at Durga Party Palace, Ithari-4, Sunsari, starting from 9:30 a.m.

    Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) has proposed a dividend of 14.25%, and today is the last day for shareholders to be eligible. The 22nd AGM is scheduled for the 29th of Poush, 2080, at Agriculture Development Bank’s Central Training Centre at Bhaktapur, starting at 11:00 a.m.

    Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB) has proposed a 15% dividend, and today is the last day for shareholders to be eligible. The 5th AGM is scheduled for the 28th of Poush, 2080, at Hotel Mala Inn, Ghorahi-15, Dang, starting at 11:00 a.m.