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Today is the Last Day to Secure Dividends for 7 Companies

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NEPSE trading

Today is the Last Day to Secure Dividends for 7 Companies

Today (December 28) marks the final day for shareholders to secure dividends from seven companies. Investors purchasing shares by today will be eligible to receive the proposed dividends and participate in the respective companies' annual general meetings (AGMs).

These companies will close their books for dividend and AGM purposes on December 30 (Tuesday). Since the stock market will remain closed tomorrow (December 29) due to the public holiday for Tamu Lhosar, investors must ensure ownership of shares by today.

Details of Dividend Proposals and AGM Dates:

  1. Agricultural Development Bank

    • Dividends: 3% bonus shares and 7.53% cash dividend (including tax).

    • Additionally, 6% cash dividend for irredeemable preference shareholders.

    • AGM Date: January 12, 2025.

  2. Mahalaxmi Development Bank

    • Dividends: 3% bonus shares and 4% cash dividend (including tax), totaling 7%.

    • AGM Date: January 12, 2025.

  3. Jeevan Bikas Laghubitta

    • Dividends: 14% bonus shares and 0.368% cash dividend (for tax purposes).

    • AGM Date: January 11, 2025.

  4. Miteri Development Bank

    • Dividends: 9.5079% bonus shares and 0.5004% cash dividend (including tax).

    • AGM Date: January 10, 2025.

  5. Chhimek Laghubitta

    • Dividends: 8% bonus shares and 7% cash dividend (including tax).

    • AGM Date: January 12, 2025.

  6. Atmanirbhar Laghubitta

    • Dividends: 14.25% bonus shares and 0.75% cash dividend (including tax), totaling 15%.

    • AGM Date: January 12, 2025.

  7. Chilime Hydropower

    • Dividends: 10% bonus shares and 2% cash dividend (including tax).

    • AGM Date: January 11, 2025.

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