Dividend History of Citizen Investment Trust (CIT)

December 23, 2024 | Investopaper

Citizen Investment Trust (CIT) is popularly known as Nagarik Lagani Kosh. It was established on 18th March, 1991 (4th Chaitra, 2047 B.S). It started formal operation from 15th January, 1992 (1st Magh, 2048 B.S). CIT operates and manages various types of retirement schemes as well as various unit schemes and mutual fund program for both domestic and foreign investors.

The major shareholders of Citizen Investment Trust (CIT) include:

Rastriya Beema Sansthan: 27 Percent

Nepal Government: 10 Percent

Nepal Rastra Bank: 13 Percent

Nepal Stock Exchange: 10 Percent

Banks/Finances: 20 Percent

General Public: 20 Percent

Citizen Investment Trust (CIT) has distributed decent dividend to the shareholders consistently since the fiscal year 2067/68. The dividend has ranged from 13 percent to 52.63 percent during this period.

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The table below presents the dividend history of Citizen Investment Trust (CIT) since the fiscal year 2067/68.

Dividend History Of Citizen Investment Trust (CIT)

Suggested Readings: Citizen Investment Trust (CIT) Fourth Quarterly Report

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