NRN Infrastructure & Development Limited Proposes 5.26 Percent Dividend

December 4, 2022 | Investopaper

NRN Infrastructure & Development Limited (NRN) has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2078/79.

The board of directors meeting of the company held on Mangsir 16, 2079 B.S. has decided to provide a 5.26 percent cash dividend (including for tax purposes).

As of Ashad’s end 2079 BS, NRN Infrastructure & Development Limited has a paid-up capital of Rs 1.22 Arba. At this capital, the cash dividend is worth Rs 6.43 crores.

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

From the previous fiscal year 2077/78, NRN Infrastructure & Development had provided a 5.26 percent dividend including a 5 percent bonus share. Likewise, in the fiscal year 2076/77, the company had distributed a 3 percent dividend including a 2.85 percent bonus share and a 0.15 percent cash dividend.


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