Citizen Investment Trust (CIT) Announces 13 Percent Dividend
December 23, 2024 | Investopaper
Citizen Investment Trust (CIT), popularly known as Nagarik Lagani Kosh has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2080/81
As informed on Nepse, the board meeting of CIT held on Poush 7, 2081 BS has declared a 13 percent dividend (including tax) to its shareholders. Out of the total dividend, the company has proposed a 7 percent bonus share and a 6 percent cash dividend.
From the previous fiscal year 2079/80, CIT had distributed a 14.7368 percent dividend, including a 14 percent bonus share and 0.7368 percent cash dividend (for tax purposes).
The dividend shall be distributed after the approval from the upcoming AGM of the company.
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