Kathmandu. Mountain Energy Nepal has declared a dividend for the fiscal year 2082. 83.
The meeting of the Board of Directors of the company held on Monday decided to distribute a total dividend of 21.05263 percent of the current paid-up capital to the shareholders from the profit of the current financial year. This includes 20 percent bonus shares and 1.05263 percent cash dividend for tax purposes.
The company has called its 13th Annual General Meeting (AGM) on November 5 to approve the proposed dividend. The shareholders will receive the dividend after the meeting approves the dividend.
For the purpose of dividend and general meeting, the company has decided to close the book on October 26. This means that the shareholders who have been in the company before October 26 will be eligible to receive the dividend and attend the meeting.
