Reminder: Last Day to Grab the Dividend of These Two Companies

Today is the last day to grab the dividend of Taragaon Regency Hotels Limited (TRH) and Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS).

Taragaon Regency Hotels Limited (TRH) has called its 24th AGM on Falgun 14, 2077. The AGM will be held in the company's registered office in Bouddha, Kathmandu, starting at 11 am that day.

Among other agendas, the AGM will endorse the dividend proposed for the fiscal year 2076/77. The meeting of the board of directors held on Poush 23 has decided to distribute 10% of the paid-up capital as cash dividend for the fiscal year 2076/77. Since the paid-up capital of the company is Rs. 1,88,66,54,000, the cash dividend is worth Rs. 18,86,65,400.

The book closure date is announced tomorrow, i.e. on Magh 30. Thus, investors maintained till today are entitled to the dividend and can also attend the AGM. Books will be closed from Magh 30 to Falgun 14. As of writing, the LTP of the company stands at Rs. 360.

Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) has also declared the book closure date for the dividend and its upcoming AGM.

The company has already proposed a 21.05% dividend for the fiscal year 2076/77. The 49th meeting of the board of directors held on Magh 04 has decided to distribute 20% bonus shares and 1.05% cash dividend (for tax purposes) from the paid-up capital. Since the paid-up capital of the company is Rs. 7,67,07,640, the bonus shares are worth Rs. 1,53,42,360 and the cash dividend is worth Rs. 8,07,492.63.

This dividend will be endorsed by the upcoming 4th AGM of the company. The AGM will be held in Falgun 13, i.e. February 25, starting at 3 pm that day. It will be organized in Darcy's International Hotel, Butwal.

The book closure for the dividend and the AGM is declared on Magh 30. Thus, investors maintained till today are entitled to the dividend payout and can also attend the AGM.