Kumari Capital Declares Book Closure Date for Proposed Dividend of Kumari Equity Fund And Kumari Dhanabriddhi Yojana
Wed, Aug 28, 2024 9:06 AM on Latest, Dividend, Bonus & Rights, Mutual Fund, Book Closure,
Kumari Capital Limited has declared the book closure date for the dividend of its closed-end mutual fund scheme. 19th Bhadra is the book closure date. Thus, unit holders maintained till the 18th Bhadra are entitled to the dividend payout.
The 70th meeting of the board of directors of Kumari Capital Limited held on Bhadra 10 has decided to distribute a 9.5% cash dividend (including tax) worth Rs. 9,50,00,000 to the unitholders of Kumari Equity Fund (KEF), and 9.5% cash dividend (including tax) worth Rs. 11,63,81,896.05 to the unitholders of Kumari Dhanabriddhi Yojana (KDBY) for the fiscal year 2080/81.
For the month of Ashadh, the Net Asset Value (NAV) of KEF is reported at Rs. 10.96, while it closed at Rs. 10.01. Additionally, the NAV of KDBY is Rs. 11.50, with its closing value at Rs. 10.40.
