Today marks the final opportunity for shareholders to avail themselves of the 1580% cash dividend offered by Unilever Nepal Limited (UNL). The company, in conjunction with this, has scheduled its 30th Annual General Meeting (AGM) on the 26th of Mangsir, 2080.
The decision to propose the significant cash dividend was made during the 179th Board of Directors meeting, conducted virtually on October 13, 2023. The Board approved the audited Annual Accounts for the fiscal year 2079/80 and recommended the distribution of NPR 1580 per share as a dividend from the available profit. This dividend distribution is a notable event, marking the culmination of 30 years of Unilever Nepal Limited’s successful journey.
The book closure date for entitlement to the dividend and AGM participation is from the 12th to the 26th of Mangsir. Shareholders holding their positions until today are eligible for the dividend payout. As of the latest update, UNL is listed at an Last Traded Price (LTP) of Rs. 42,900.
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