Prabhu Select and Smart Funds Propose 12% Cash Dividend for FY 2082/83
Summary
Prabhu Select Fund and Prabhu Smart Fund have proposed a 12% cash dividend for fiscal year 2082/83. The book closure date will be announced soon.
Key Points
- Prabhu Capital Limited’s board decided to distribute a 12% cash dividend to unitholders of Prabhu Select Fund and Prabhu Smart Fund for FY 2082/83.
- Prabhu Select Fund is a closed-ended mutual fund with a 7-year maturity period, while Prabhu Smart Fund has a 10-year maturity period.
- Both funds are sponsored by Prabhu Bank Limited and managed by Prabhu Capital Limited.
- The book closure date will be announced later.
