Kumari Equity Fund (KEF) Declares 9.5 Percent Dividend
August 27, 2024 | Investopaper
Kumari Equity Fund (KEF) has declared the dividend to its unit-holders. The dividend announcement is from the fiscal year 2080/81.
KEF has proposed a 9.5 percent cash dividend including for tax. The dividend amounts to Rs 9.5 crores. The board meeting of Kumari Capital Limited held on Bhadra 10, 2081 BS [August 26, 2024] made the announcement about the dividend.
From the previous fiscal year 2079/80, KEF had distributed a 10 percent cash dividend that amounted to Rs. 10 crores. However, from the fiscal year 2078/79, the scheme didn’t provide any dividend to the unit holders. Similarly, in the fiscal year 2077/78, KEF had distributed a 5 percent cash dividend that amounted to Rs. 5 crores.
Kumari Equity Fund (KEF) is a close-ended mutual fund scheme promoted by Kumari Bank Limited under ‘Kumari Mutual Fund’. It has a fund size of Rs 100 crores.
Kumari Capital Limited is the fund manager of the scheme.
Recommended:
