There are 14 corporations paying greater than 40 % dividend this yr


Kathmandu. One hundred companies have declared dividends in the current fiscal year. Among those who declare dividends in this way, there are many companies that are trading in the secondary market and some companies are not even listed.

Of the listed companies and subsidiaries of the listed companies, 14 companies have declared more than 40 percent dividend. Of those companies, Unilever Nepal has already announced to pay 650 percent dividend. Unilever Nepal is a company listed on Nepse.

According to the announcement made by the companies, Global IME Samuntat Scheme-1 is the second company to declare the highest dividend this year. The scheme will pay 100% dividend to its unit holders. Samuntat Scheme-1 is also listed in Nepse. Unilever Nepal and Global IME Samuntat Scheme-1 have announced to pay 100 percent cash dividend.

Similarly, Hathway Investment Nepal is paying 55 percent dividend. The company has announced a 30 percent cash dividend and a 25 percent bonus share. Hathway Investment Nepal is not a company listed in Nepse. Women’s Microfinance Financial Institution has announced to pay 50 percent dividend. Women’s microfinance will pay 2.5 percent cash dividend and 47.5 percent bonus share. Women’s Microfinance Financial Institution is a company listed in Nepse.

Sunrise First Mutual Fund, NIBL ​​Participation Fund and NIBL ​​Pragati Fund, which are listed in Nepse, have announced to pay dividend at the rate of 50-50 percent. These companies have announced to pay 100 percent cash dividend.

NIC Asia Capital will pay a 48 percent cash dividend. The company is a subsidiary of NIC Asia Bank and is not listed on Nepse.

Similarly, Prabhu Capital has announced to pay 28.3885 percent bonus share and 17.61 percent cash dividend and 45.9985 percent dividend. Prabhu Capital is also not a company listed on Nepse. This company is a subsidiary of Prabhu Bank.

Sunrise Capital, a subsidiary of Sunrise Bank and Siddhartha Capital, a subsidiary of Siddhartha Bank, which are not listed in Nepse, have announced to pay 40-40 percent cash dividend. Nabil Equity Fund and Citizens Mutual Fund 1 and 2 listed in Nepse have announced to pay dividend at the rate of 40-40 percent. All these companies have announced to pay only cash dividend.

Which companies still receive dividends?

The dividends declared by the companies will be received only by the existing shareholders before the book closing of the company. Therefore, after the book closes, the shareholders who buy the shares have to wait for the next year to receive the dividend.

Citizens Mutual Funds 1 and 2, Nabil Equity Fund, NIBL ​​Pragati Fund, NIBL ​​Participation Fund, Sunrise First Mutual Fund and Unilever Nepal are also among the listed companies to declare dividend.

How much to pay for how much dividend?

In order to receive dividends from companies that have declared dividends but have not closed the book, investors have to buy shares before the book close. Buying shares or units of a mutual fund at this time to receive dividends can be a bit more expensive than other times.

For this, we have taken the price maintained at the close of trading on the Nepal Stock Exchange today (November 8). From this point of view, there are only two options for those who want to buy shares or units of a company that pays more than 40 percent dividend this year, even if it is expensive. The unit of Global IME Samuntat Scheme-1, which has announced to pay 100 percent cash dividend, can be bought in the secondary market and the book has not been closed yet. However, in order to purchase a unit of this scheme, one has to add more than Rs 10 to the book value and buy it at Rs 21.20. Because the book value of this scheme is Rs. 10 per unit.

As the book has not been closed, the 50 percent dividend declared this year by buying the shares of the women’s microfinance financial institution is still available. However, the company’s share price closed at Rs 5,180 per share in the secondary market today.





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