Reminder! Last Day to Grab Dividend Proposed by Sagarmatha Jalbidhyut Company Limited
Sun, Nov 10, 2024 9:47 AM on Dividend, Bonus & Rights, AGM/Special AGM, Book Closure, Latest,
Today is the last day to grab the dividend proposed by Sagarmatha Jalbidhyut Company Limited (SMJC). The company has also called its 4th AGM on 14th Mangsir, 2081. The meeting will be held in Smart Durbar, Shankha Park, Kathmandu, starting at 9 am that day.
Among other proposals, the AGM will endorse a 5% dividend for the fiscal year 2080/81. The meeting of the board of directors has proposed a 4.75% bonus shares and 0.25% cash dividend for the fiscal year 2080/81. The company's existing paid-up capital is Rs. 1.12 Arba.
Kartik 26 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can attend the AGM.
As of writing, SMJC has an LTP of Rs. 593.50.
