Sagarmatha Jalabidhyut Company Proposes 5 Percent Dividend
October 25, 2024 | Investopaper
Sagarmatha Jalabidhyut Company Limited (SMJC) has announced dividends to the shareholders. The dividend declaration is from the fiscal year 2080/81.
The board meeting of the company held on Karthik 8, 2081 BS 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 B.S., SMJC has a paid-up capital of Rs. 1.12 Arba.
The company will distribute the dividend after the approval from its upcoming Annual General Meeting (AGM).