United Idi-Mardi and R.B. Hydropower Proposes 5.2632% Dividend for Fiscal Year 2082/83; How Much in Bonus Shares and Cash?
Summary
United Idi-Mardi and R.B. Hydropower Limited has proposed a 5.2632% dividend for fiscal year 2082/83, including 5% bonus shares and a 0.2632% cash dividend for tax purposes. The plan is subject to approval by the Electricity Regulatory Commission and endorsement at the company’s 17th AGM.
Key Points
- United Idi-Mardi and R.B. Hydropower Limited (UMRH) has proposed a 5.2632% dividend for fiscal year 2082/83.
- The proposal includes 5% bonus shares worth Rs. 2.41 crores and a 0.2632% cash dividend worth Rs. 12,73,533.21 for tax purposes.
- The dividend will be distributed only after approval from the Electricity Regulatory Commission and endorsement at the upcoming 17th AGM.
- UMRH’s existing paid-up capital is Rs. 48.38 crores and its last traded price was Rs. 514.00.
