Radhi Vidyut Company Proposes 5 Percent Dividend
December 12, 2024 | Investopaper
Radhi Vidyut Company Limited (RADHI) has announced the dividend to the shareholders. The dividend declaration is from the accumulated profit until the fiscal year 2080/81.
The hydropower company has proposed a 5 percent dividend. The total dividend includes a 4.75 percent bonus share and a 0.25 percent cash dividend (for tax purposes).
As of Ashad’s end 2081 BS, Radhi Vidyut Company has a paid-up capital of Rs 175.55 crores. At this capital, the bonus share amounts to Rs 8.33 crores.
The company will distribute the dividend after the approval from its upcoming AGM.
From the previous fiscal year 2079/80, the hydropower company had distributed a 5 percent dividend, including a 4.75 percent bonus share and a 0.25 percent cash dividend (for tax purposes).
