Mid Solu Hydropower Company Proposes 15.789% Dividend for Fiscal Year 2082/83; How Much in Bonus Shares and Cash?
Summary
Mid Solu Hydropower Company Limited has proposed a 15.789% dividend for fiscal year 2082/83, including 15% bonus shares worth Rs. 12.90 crores and 0.789% cash dividend for tax purposes. The payout will require approval from the Electricity Regulatory Commission and endorsement at the company’s upcoming AGM.
Key Points
- Mid Solu Hydropower Company Limited has proposed a total dividend of 15.789% for fiscal year 2082/83.
- The proposal includes 15% bonus shares worth Rs. 12.90 crores and 0.789% cash dividend worth Rs. 67.94 lakhs for tax purposes.
- The dividend will be distributed only after approval from the Electricity Regulatory Commission and the company’s upcoming AGM.
- The company’s existing paid-up capital is Rs. 86.06 crores, and its LTP is Rs. 527.00.
