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.
