Citizen Investment Trust (CIT) Proposes 14.7368% Dividend for FY 2079/80

Fri, Jun 14, 2024 12:49 PM on Dividend, Bonus & Rights, NEPSE News, Latest,

Citizen Investment Trust (CIT) has proposed a 14.7368% dividend for the fiscal year 2079/80.

The meeting of the board of directors held on Jestha 32 has decided to distribute a 14.7368% dividend for the fiscal year 2079/80. 14% bonus shares and 0.7368% cash dividend (for tax purposes) are proposed. The existing paid-up capital of CIT is Rs 5.31 Arba.

The dividend is subject to approval from the Ministry of Finance, the Nepal Government, and the upcoming AGM.

As of writing, CIT closed at Rs. 2,151.00.

Dividend History: