Arun Valley Hydropower Declares 8.42 Percent Dividend

December 4, 2022 | Investopaper

Arun Valley Hydropower Company Limited (AHPC) has announced dividends to the shareholders. The dividend declaration is from the fiscal year 2078/79.

The board meeting of the company held on Mangsir 16, 2079 BS has proposed an 8.421 percent dividend. The total dividend includes an 8 percent bonus share and a 0.421 percent cash dividend (for tax purposes). The company is planning to distribute Rs 14.56 crores worth of dividends.

As of Ashad’s end 2079 B.S., AHPC has a paid-up capital of Rs. 1.72 Arba.

From the previous fiscal year 2077/78, Arun Valley Hydropower had distributed a 10.526 percent dividend including a 10 percent bonus share and a 0.526 percent cash dividend.

The company will distribute the dividend after the approval from its upcoming 25th Annual General Meeting (AGM).

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