United Idi Mardi & RB Hydropower Declares 5.789 Percent Dividend

February 5, 2024 | Investopaper

United Idi Mardi & RB Hydropower Limited (UMRH) has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2079/80.

The hydropower company has proposed a 5.789 percent dividend. The total dividend includes a 5.5 percent bonus share and a 0.289 percent cash dividend (for tax purposes).

As of Ashad’s end 2080 B.S., UMRH has a paid-up capital of Rs. 42 crores.

The company will distribute the dividend after the approval from its upcoming 14th Annual General Meeting (AGM).

From the previous fiscal year 2078/79, the company had distributed a 10.526 percent cash dividend to the shareholders.

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