•      Sat Jul 13 2024

Citizen Investment Trust proposes 14.7368% dividend

Kathmandu, June 14: Citizen Investment Trust (CIT), a government financial subsidiary, has proposed a 14.7368% dividend for the fiscal year 2079/80 BS.

The meeting of the board of directors has decided to distribute a 14.7368% dividend for the fiscal year 2079/80BS. According to CIT, 14% bonus shares and 0.7368% cash dividend (for tax purposes) are proposed.

The existing paid-up capital of CIT is Rs 5.31 Arba.

The dividend is subject to approval from the Ministry of Finance and the upcoming AGM.

Discover more from Enewspolar

Subscribe now to keep reading and get access to the full archive.

Continue reading