Global IME Samunnat Scheme 1 (GIMES1) has declared the book closure date for its proposed dividend. Mangsir 22 is the book closure date. Thus, unitholders maintained before that day are entitled to the dividend payout.
The company has proposed a 100% dividend for the fiscal year 2077/78. The 134th meeting of the board of directors of Global IME Capital held in Ashwin 24 decided to distribute the dividend on the paid-up capital of Rs. 1 Arba. Thus, the dividend itself is also worth Rs. 1 Arba.
This is the highest dividend ever in the mutual fund sector. The company had only distributed a 4% cash dividend for the fiscal year 2076/77. As of writing, GIMES1 has an LTP of Rs. 21.30.