NMB-50 Announces 15 Percent Dividend from FY 2079/80

September 19, 2023 | Investopaper

NMB Capital Limited, the fund manager of NMB Mutual fund, has proposed dividend for the unit-holders of NMB-50 scheme. The dividend announcement is from the fiscal year 2079/80.

The board meeting of NMB Capital Limited has proposed a 15 percent cash dividend (including tax) to the unit-holders of NMB50.

From the previous fiscal year 2078/79, NMB 50 had provided a 21.05263 percent cash dividend to the unit-holders. Likewise, in the fiscal year 2077/78, the scheme had distributed a 30 percent cash dividend. Similarly, in the fiscal year 2076/77, NMB50 had provided a 5 percent cash dividend to its unit-holders.

Book Closure:

For the dividend distribution purpose, the fund manger has decided the book closure date on Ashwin 12, 2080 BS. Therefore, the investors holding/purchasing units of NMB50 until Ashwin 11 will receive the dividend.

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