Shivam Cements Proposes 14.25 Percent Bonus Share from FY 2079/80

December 19, 2023 | Investopaper

Shivam Cements Ltd. (SHIVM) has declared a dividend to its shareholders. The dividend announcement is from the fiscal year 2079/80.

The board meeting of the company held on Poush 3, 2080 BS has proposed a 15 percent dividend to the shareholders. The total dividend includes a 14.25 percent bonus share and and a 0.75  percent cash dividend (for tax purposes).

As of Ashad’s end 2080 BS, the company has a paid-up capital of Rs 4.40 Arba. At this capital, the total dividend amounts to Rs 66 crores.

The dividend is subject to approval from its upcoming Annual General Meeting (AGM).

From the previous fiscal year 2078/79, the company had provided a 10.53 percent cash dividend to the shareholders. Likewise, from the FY 2077/78, Shivam Cements had distributed a 29 percent cash dividend.

Similarly, in the fiscal year 2076/77 and 2075/76, the company had provided 24.21 percent cash dividend and 15.79 percent cash dividend respectively to the shareholders.

About Shivam Cements

Shivam Cement was founded in the year 2003. It began commercial production from the year 2011 and is the largest manufacturing Greenfield project in Nepal. It is currently producing 3000 TPD cement and 1900 TPD clinker from the company’s self owned limestone quarries. Shivam Cement Private Limited was converted into Public Limited Company in the year 2015.

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Dividend History Of Shivam Cements Limited (SHIVM)


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One thought on “Shivam Cements Proposes 14.25 Percent Bonus Share from FY 2079/80

  • March 16, 2022 at 12:05 pm

    Not sure why to invest in a company that does not give share dividends to its investors. Getting cash dividend on share face-value is peanuts. Any long term investors would refrain from getting these shares. Also not sure why people would buy SHIVM shares!?


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