COMPANIES ANNOUNCED DIVIDENT TILL NOW

Proposed Dividend Table

Proposed Dividend Table

NameBonus Share (%)Cash (%)Total Dividend (%)Book ClosureAGM Date
Unilever Nepal17141714Aswin 157/15/2081
Nepal Lube Oil20525Aswin 46/18/2081
Sanima Reliance18.3818.38Aswin 116/23/2081
RuRu150.7815.78Aswin 307/11/2081
Everest Bank105.5315.53Aswin 86/20/2081
Asha Laghubitta14.250.7515
Swabalamban14.250.7515
Gurans laghu14.250.7515Aswin 166/29/2081
Bhagawati410.7314.73Aswin 26/16/2081
Forward13.30.714
Supermai75.6312.63
Kamana Sewa7512Aswin 156/21/2081
Mandu1212Bhadra 316/14/2081
CEDB Hydro.p1111Aswin 176/21/2081
Kumari Dhanabriddhi Yojana9.59.5Bhadra 19
NIC Asia Growth Fund9.59.5Bhadra 28
NIC ASIA Balanced Fund9.259.25Bhadra 28
Citizens Mutual Fund-199Aswin 15
RBB Mutual Fund 28.748.74Bhadra 31
Prabhu Smart Fund8.58.5Aswin 14
Nabil Balanced Fund-288Aswin 11
Laxmi Unnati Kosh7.57.5Shrawan 31
Siddhartha Investment Growth Scheme 377Bhadra 23
Citizens Bank40.214.21Aswin 297/12/2081
Arun Valley30.1573.0157Kartik 57/14/2081
Mandakaini50.265.26
Sanima Equity Fund1515Bhadra 26
NIC Asia Select-301414Bhadra 28
Sunrise First Mutual Fund12.512.5Bhadra 7
NIC Asia Flexi Cap Fund10.510.5Bhadra 28
Kumari SunauLaghani Yojana10.510.5Bhadra 11
Sanima Growth Fund1010Bhadra 26
NIC Asia Dynamic Debt1010Shrawan 17
Prabhu Select Fund1010Aswin 14
Citizens Super 30 Mutual Fund1010Aswin 15
Kumari Equity Fund9.59.5Bhadra 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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