Mandu Hydropower Proposes 10 Percent Dividend

November 3, 2023 | Investopaper

Mandu Hydropower Limited (MANDU) has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2079/80.

The board meeting of the company held on Karthik 16, 2080 BS has proposed a 10 percent dividend. The total dividend includes a 10 percent cash dividend (for tax purposes as well). The company is planning to distribute Rs 13.63 crores worth of cash dividends.

As of Ashad’s end 2080 B.S., Mandu Hydropower has a paid-up capital of Rs. 1.36 Arba.

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

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Dividend Announcement By Hydropower Companies In Nepal


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