“NIBL Pragati Fund” Distributed 4.20% Cash Dividend to Unit Holders from Ashwin 09

NIBL Ace Capital Limited has distributed 4.20% cash dividend of “NIBL Pragati Fund” directly to bank accounts of its shareholders from 9th Ashwin, 2079.

The fund proposed a 4.20% cash dividend (including tax) for the fiscal year 2078/79. Bhadra 29 was the book closure date. Thus, unitholders maintained before that day are entitled to the dividend payout.

NIBL Pragati Fund (NIBLPF), is a 7 years closed-end mutual fund scheme managed by NIBL Ace Capital Limited, a wholly-owned subsidiary of Nepal Investment Bank.

Last Year, NIBLPF announced a 50% cash dividend for FY 2077/78. As of writing, NIBLPF is last traded at Rs. 8.82 on Nepal Stock Exchange.

Announcement