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).

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