Last Day to Grab Dividend Proposed By These 2 Companies

Today is the last trading day in NEPSE to grab dividends of Arun Kabeli Power Limited (AKPL) and Nepal Life Insurance Company Limited (NLIC).

Arun Kabeli Power Limited (AKPL) has called its 12th AGM on 30th Kartik, 2079.

The AGM will endorse the 10.5263% dividend for the fiscal year 2078/79. The meeting of the board of directors held on Kartik 06 decided to distribute the dividend on the paid-up capital of Rs. 1.85 Arba. 10% bonus shares and 0.5263% cash dividend have been proposed. Thus, the bonus shares are worth Rs. 18.55 Crores and the cash dividend is worth Rs. 1.05 Crores. The cash dividend has been proposed for the tax amount on bonus shares.

Kartik 18 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend the AGM.

Similarly, Nepal Life Insurance Company Limited (NLIC) has also called its 22nd AGM on 8th Mangsir, 2079. The meeting will be held in Hotel Vishuwa, Birgunj, starting at 9am that day.

Among the other agendas, the AGM will endorse a 15.7895% dividend for the fiscal year 2077/78. The meeting of the board of decided to distribute 15.7895% cash dividend (including tax) from its paid-up capital.

Kartik 18 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend the AGM.