Last Day to Grab 31.5789% Dividend of Citizen Investment Trust
Tue, Aug 9, 2022 8:54 AM on Latest, Dividend, Bonus & Rights, Book Closure,
Today is the last day to grab the dividend proposed by Citizen Investment Trust (CIT).
The company has called its 27th AGM on Bhadra 06 for the fiscal year 2077/78. The meeting will be held in company's head office located at New Baneshwor, Kathmandu, starting at 3 pm that day.
The meeting of the board of directors held on Ashad 11 had decided to distribute 30% bonus shares and a 1.5789% cash dividend (for tax purposes). The bonus shares are worth Rs. 98.10 crores and the cash dividend is worth a little over Rs. 5.16 crores. Thus, the total paid-up capital post this bonus share would be Rs 425 crores. The existing paid-up capital of CIT is Rs 327 crores.
Shrawan 25 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend the AGM.
