Last day to clinch 100% bonus shares of Standard Chartered Bank; 55% & 15% cash dividend of Nepal Doorsanchar & Himalayan General Insurance respectively

Today is the last day to clinch dividend of Standard Chartered Bank Nepal Limited (SCB), Nepal Doorsanchar Company Limited (NTC) and Himalayan General Insurance Company Limited (HGI). SCB has set book closure date from Poush 16 to Poush 26, 2074. But only those shareholders owning their shares till today (Poush 13, 2074) i.e. days ahead of the book closure date are eligible to participate in the AGM and proposed dividend. SCB had announced 100% bonus shares and 5.26% cash dividend (for tax purpose) from the net profit it had earned in the FY 2073/74. Its paid up capital will reach to Rs 8 arba from existing Rs 4 arba. SCB will be convening 31^st Annual General Meeting (AGM) on Poush 26, 2074. The AGM is going to be held at Army Officers Club at 1:00 PM. It had earned Rs 48.25 crore in the first quarter of FY 2074/75. Its LTP stood at Rs 1,955 as of last trading day. Likewise, NTC has set the book closure date for the AGM from Poush 16 to Poush 30, 2074. Thus, only those shareholders holding their shares till today (Poush 13, 2074) i.e. before the book closure date are eligible to participate in the AGM and proposed dividend. NTC had announced 55% cash dividend from the net profit of FY 2073/74. NTC will be convening its 10^th Annual General Meeting on Poush 30, 2074. The AGM is going to be held at Tribhuwan Army Officers Club. Kathmandu at 10:00 AM. It had earned Rs 15.01 arba in the FY 2073/74 and its LTP stood at Rs 839 as of last trading day. Why are long term investors being benefited by investing in NTC? Why did NTC’s share price plunge recently? Are smart market players discontented with NTC’s dividend policy? Similarly, HGI has set the book closure date for the AGM from Poush 14 to Poush 30, 2074. Thus only those shareholders holding their shares till today (Poush 13, 2074) i.e. one day ahead of the book closure date are eligible to participate in the AGM and proposed dividend. HGI had announced to distribute 15% cash dividend from the net profit of FY 2073/74. HGI will be convening 24^th  Annual General Meeting (AGM) on Poush 30, 2074. The AGM is going to be held at Amritbhoj Complex, Kalikasthan, Kathmandu at 2:00 PM. Its paid up capital stands at Rs 1.02 arba after the recent 166.67% right share. The proposed 15% cash dividend is calculated in the paid-up capital before issuance of right share. The shareholders are eligible for 5.62% cash dividend after adjustment of the capital after right issuance. It had earned Rs 2.23 crore in the first quarter of FY 2074/75. Its LTP stood at Rs 510 as of last trading day.