Kumari Capital Declares Book Closure Date for Proposed Dividend of Its Mutual Funds
Mon, Aug 28, 2023 8:27 AM on Latest, Dividend, Bonus & Rights, Mutual Fund, Book Closure,
Kumari Capital Limited has declared the book closure date for the dividend of its mutual funds. 18th Bhadra is the book closure date. Thus, unit holders maintained before that day are entitled to the dividend payout.
The 60th meeting of the Board of Directors of Kumari Capital Limited, held on 25th Shrawan, decided to distribute a 10% cash dividend for Kumari Equity Fund (KEF) and a 6% cash dividend (including tax) for Kumari Dhanbriddhi Yojana (KDBY) for the fiscal year 2079/80 to its unitholders.
Last Year, KEF announced a 5% cash dividend for FY 2078/79. As of writing, the LTP of KEF is Rs. 9.02 and that of KDBY is Rs. 8.32.
