NIC Asia Capital Declares Book Closure Date for Proposed Dividend of Its Mutual Funds
Sun, Oct 16, 2022 10:23 AM on Latest, Dividend, Bonus & Rights, Mutual Fund, Book Closure,
NIC Asia Capital has declared the book closure date for the dividend of its mutual funds. Kartik 15 is the book closure date. Thus, unitholders maintained before that day are entitled to the dividend payout.
NIC Asia Dynamic Debt Fund (NADDF) has proposed a 6% cash dividend for FY 2078/79. Similarly, "NIC Asia Balanced Fund (NICBF)" and "NIC Asia Growth Fund (NICGF)" has proposed a 13% cash dividend each worth Rs. 9,81,50,000 and Rs. 10,85,76,000 respectively.
Last Year, NADDF announced a 10% cash dividend whereas NICBF and NICGF announced 30% cash dividend each for FY 2077/78. As of writing, the LTP of NICBF is Rs. 10.15 and that of NICGF is Rs. 10.65.
