Nepal Hydro Developer Limited (NHDL) Proposes 7.3684% Dividend for FY 2077/78 – |

Standard Chartered Bank Limited (SCB) Calls AGM on Mangsir 28, 13.06% Dividend to Be Endorsed for FY 2077/78 - |

Nepal Hydro Developer Limited (NHDL) has proposed a 7.3684% dividend for the fiscal year 2077/78.

The 69th meeting of the board of directors held on Poush 01 decided to distribute the dividend on the paid-up capital of Rs. 29.9 crores. 7% bonus shares worth slightly over Rs 2.09 crores and 0.3684% cash dividend (including tax) worth Rs 11.01 lakhs have been proposed.

The dividend will be distributed only after endorsement by the company’s upcoming AGM. The company had distributed 15% bonus shares and 0.7895% cash dividend for the fiscal year 2076/77. As of writing, NHDL has an LTP of Rs. 400.

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