Tag: Dividend

  • 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.

     

  • SHINE Bank Proposes 11.05% Dividend for Fiscal Year 2079/80

    SHINE Bank Proposes 11.05% Dividend for Fiscal Year 2079/80


    Shine Resunga Development Bank Limited (SHINE) has put forth a dividend proposal of 11.05% for the fiscal year 2079/80. During the bank’s 280th board meeting on 23rd Ashwin 2080, this dividend plan was outlined, which pertains to the paid-up capital of the bank, amounting to Rs. 4.28 Arba. The proposal includes 10.5% bonus shares valued at Rs. 44.98 crores and a 0.55% cash dividend (inclusive of tax) totaling Rs. 2.36 crores.

    The final approval of this decision rests with the Nepal Rastra Bank, and it will subsequently be confirmed in the Annual General Meeting (AGM) of the company.

     

  • Final Day to Claim Sanima Bank’s Dividend

    Final Day to Claim Sanima Bank’s Dividend


    Today marks the final opportunity for shareholders to claim the dividend offered by Sanima Bank Limited (SANIMA).

    The bank has scheduled its 19th Annual General Meeting (AGM) for the 2nd of Kartik, 2080. The AGM will take place at Kundalini Durbar Banquet, Chandol, Kathmandu, starting at 11 a.m.

    Among the various items on the agenda, the AGM will approve a 14.7% dividend for the fiscal year 2079/80. The bank’s board of directors has decided to distribute a 5.7% cash dividend and 9% bonus shares from the paid-up capital, which currently stands at Rs. 12.46 Arba. The value of the bonus shares is Rs. 1.12 Arba, and the cash dividend includes the tax amount for the bonus shares.

     

  • 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.

     

  • 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.

     

  • Sanima Mai Hydropower Proposes 10.52% Dividend for FY 2079/80; AGM on Kartik 23

    Sanima Mai Hydropower Proposes 10.52% Dividend for FY 2079/80; AGM on Kartik 23


     

    Sanima Mai Hydropower Limited (SHPC) has recommended a dividend of 10.5263% for the fiscal year 2079/80. They have also scheduled their 12th Annual General Meeting for November 6, 2023 (Kartik 23, 2080).

    In a board meeting held on October 1, 2023 (Ashwin 15, 2080), the company decided to distribute this dividend, consisting of 0.5263% in cash and 10% in bonus shares, based on their paid-up capital of Rs. 3.08 Arba. This translates to bonus shares worth Rs. 30.89 Crores and cash dividends totaling Rs. 1.62 Crores, which includes taxes related to the bonus shares.

     

  • 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.

    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.


    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