Reminder: Your Last Chance to Grab the Dividend of Citizen Investment Trust (CIT)

Today is the last trading day in NEPSE to grab the dividend of Citizen Investment Trust (CIT).

Citizen Investment Trust (CIT) has called its 26th AGM on Ashad 18. The meeting will be held in the Trust's central office in New Baneshwor, Kathmandu, starting at 2 pm that day.

For the AGM, Ashad 08 is the book closure date. Thus, investors maintained before that day can attend the AGM. The company has proposed 9% bonus shares and an 8.8947% cash dividend. The bonus shares are worth Rs. 27 crores and the cash dividend is worth a little over Rs. 26.68 crores. Thus, the total paid-up capital post this bonus share would be Rs 327 crores.

CIT has reported a net profit of Rs. 59.20 crores in the third quarter of the fiscal year 2077-2078.

As of writing, CIT has an LTP of Rs. 4,150.