Cash Dividend Declarations for Kumari Equity Fund, Kumari Dhanabriddhi Yojana and Kumari Sabal Yojana ; When's the Book Closure?

Summary

Kumari Capital Limited has declared cash dividends for Kumari Equity Fund, Kumari Dhanabriddhi Yojana and Kumari Sabal Yojana for fiscal year 2081/82. The book closure date is Bhadra 04, making unit holders who held shares until Bhadra 03 eligible for the payout.

Key Points
  • Kumari Capital Limited’s board approved dividends for three closed-end mutual funds: Kumari Equity Fund, Kumari Dhanabriddhi Yojana and Kumari Sabal Yojana.
  • KEF and KDBY will each pay 10% dividend including tax, while KSY will pay a 2.90% cash dividend including tax.
  • The declared payouts are worth Rs. 10 crore for KEF, Rs. 12.25 crore for KDBY and Rs. 2.15 crore for KSY.
  • The book closure date is Bhadra 04, so investors holding units through Bhadra 03 will receive the dividend.
Article image