Reminder: Last Day to Grab Dividend Proposed by Mutual Funds of Kumari Capital
Sun, Sep 3, 2023 10:13 AM on Dividend, Bonus & Rights, Mutual Fund, Book Closure, Latest,
Today is the last trading day before the book closure date for the dividend of Kumari Capital's mutual funds. 18th Bhadra is the book closure date. Thus, unit holders maintained till today are entitled to the cash dividend.
The 60th meeting of the Board of Directors of Kumari Capital Limited, held on 25th Shrawan, decided to distribute a 10% cash dividend for Kumari Equity Fund (KEF) and a 6% cash dividend (including tax) for Kumari Dhanbriddhi Yojana (KDBY) for the fiscal year 2079/80 to its unit holders.
Last Year, KEF announced a 5% cash dividend for FY 2078/79. As of writing, the LTP of KEF is Rs. 9.02 and that of KDBY is Rs. 8.32.