COMPANIES ANNOUNCED DIVIDENT TILL NOW

Proposed Dividend Table

Proposed Dividend Table

Name Bonus Share (%) Cash (%) Total Dividend (%) Book Closure AGM Date
Unilever Nepal 1714 1714 Aswin 15 7/15/2081
Nepal Lube Oil 20 5 25 Aswin 4 6/18/2081
Sanima Reliance 18.38 18.38 Aswin 11 6/23/2081
RuRu 15 0.78 15.78 Aswin 30 7/11/2081
Everest Bank 10 5.53 15.53 Aswin 8 6/20/2081
Asha Laghubitta 14.25 0.75 15
Swabalamban 14.25 0.75 15
Gurans laghu 14.25 0.75 15 Aswin 16 6/29/2081
Bhagawati 4 10.73 14.73 Aswin 2 6/16/2081
Forward 13.3 0.7 14
Supermai 7 5.63 12.63
Kamana Sewa 7 5 12 Aswin 15 6/21/2081
Mandu 12 12 Bhadra 31 6/14/2081
CEDB Hydro.p 11 11 Aswin 17 6/21/2081
Kumari Dhanabriddhi Yojana 9.5 9.5 Bhadra 19
NIC Asia Growth Fund 9.5 9.5 Bhadra 28
NIC ASIA Balanced Fund 9.25 9.25 Bhadra 28
Citizens Mutual Fund-1 9 9 Aswin 15
RBB Mutual Fund 2 8.74 8.74 Bhadra 31
Prabhu Smart Fund 8.5 8.5 Aswin 14
Nabil Balanced Fund-2 8 8 Aswin 11
Laxmi Unnati Kosh 7.5 7.5 Shrawan 31
Siddhartha Investment Growth Scheme 3 7 7 Bhadra 23
Citizens Bank 4 0.21 4.21 Aswin 29 7/12/2081
Arun Valley 3 0.157 3.0157 Kartik 5 7/14/2081
Mandakaini 5 0.26 5.26
Sanima Equity Fund 15 15 Bhadra 26
NIC Asia Select-30 14 14 Bhadra 28
Sunrise First Mutual Fund 12.5 12.5 Bhadra 7
NIC Asia Flexi Cap Fund 10.5 10.5 Bhadra 28
Kumari SunauLaghani Yojana 10.5 10.5 Bhadra 11
Sanima Growth Fund 10 10 Bhadra 26
NIC Asia Dynamic Debt 10 10 Shrawan 17
Prabhu Select Fund 10 10 Aswin 14
Citizens Super 30 Mutual Fund 10 10 Aswin 15
Kumari Equity Fund 9.5 9.5 Bhadra 19

Companies listed on the Nepal Stock Exchange (NEPSE) are rapidly announcing dividends. So far, 52 companies, including mutual funds, have announced dividends for their investors. Among these, 27 are mutual funds, while 25 are other companies. Out of the 25 companies, 18 have already set their dates for general meetings. Many have already held their meetings, while a few are still pending.

According to the Company Act, companies are required to inform shareholders about the date and place of the general meeting at least 21 days in advance through public notice.

Among the companies that have announced dividends, there are 4 commercial banks, 1 development bank, 2 investment companies, 2 life insurance companies, 2 production companies, 1 hotel, 4 microfinance institutions, and 9 hydropower companies. Most of these companies have prioritized issuing bonus shares. Some have also declared cash dividends, mainly to cover the taxes on the bonus shares, as taxes are applied to them.

Unilever Nepal Limited has announced the highest dividend so far. From last year’s profit, the company declared a cash dividend of NPR 1,714 per share (including tax) for its shareholders. The insurance companies have declared dividends from their profits for the fiscal year 2079–80, while other companies have declared dividends from their profits for the fiscal year 2080–81.

After announcing dividends, companies pass the decision in their general meetings. Once approved in the meeting, investors receive bonus shares in their Demat accounts and cash dividends in their bank accounts. If the company does not arrange a separate cash dividend for taxes, shareholders are responsible for paying the taxes themselves.

27 Mutual Funds Announce Dividends

Most of the announcements have been made by mutual funds. So far, 27 mutual funds have declared dividends from last year’s profits. All of them have already set the dates for book closure. Most mutual funds have already deposited cash dividends into their investors’ accounts.

Among mutual funds, Sanima Equity Fund has announced the highest dividend, offering a 15% bonus share to its unitholders. NIC Asia Select 30 has announced a 14% cash dividend.

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