Don't Forget! Last Day to Clinch Dividend Proposed by Miteri Development Bank and Nepal Insurance Company

Today is the last day to grab the dividend proposed by Miteri Development Bank Limited (MDB) and Nepal Insurance Company Limited (NICL).

Miteri Development Bank Limited (MDB) called its 18th AGM on 14th Poush, 2080. The meeting will be held in Sunsari Udhyog Banijya Sangh, Dharan-1, Sunsari, starting at 11 AM that day.

Among the other agendas, the AGM will endorse a 10% dividend for FY 2079/80. The 234th meeting of the board of directors held on Kartik 22 decided to distribute the dividend on the paid-up capital of Rs. 1.01 Arba. 9.5% bonus shares and 0.5% cash dividend (tax purposes) have been proposed.

Mangsir 28 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend the AGM.

Similarly, Nepal Insurance Company Limited (NICL) has called its 75th AGM on Poush 13, 2080. The meeting will be held in the Nepal Pragya Pratisthan, Kamaladi, Kathmandu, starting at 11 am that day.

Among the other agendas, the AGM will endorse a 10.5263% dividend for FY 2079/80. The 8th meeting of the board of directors held on Mangsir 9, 2080 decided to distribute a 0.5263% cash dividend worth Rs. 78.67 lakhs and 10% bonus shares worth Rs. 14.94 Crores. The existing paid-up capital of the company is Rs. 1.49 Arba.

Mangsir 28 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend the AGM.