May 14, 2023 | 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 2078/79.
As informed on Nepse, the board meeting of CIT held on Baisakh 29, 2080 BS has declared a 26.3158 percent dividend (including tax) to its shareholders. Out of the total dividend, the company has proposed a 25 percent bonus share and an 1.3158 percent cash dividend.
From the previous fiscal year 2077/78, CIT had distributed a 31.5789 percent dividend, including a 30 percent bonus share and 1.5789 percent cash dividend (for tax purposes).
The dividend shall be distributed after the approval from the upcoming AGM of the company.