Reminder! Last Trading Day to Secure Dividend of Nabil Balanced Fund - 2 and Nabil Balanced Fund III

Summary

Today is the last day for unit holders of Nabil Balanced Fund-2 and Nabil Balanced Fund III to secure the proposed dividend. Nabil Investment Banking Limited has announced cash dividends for the two closed-end funds for fiscal year 2082/83, with the book closure date already set.

Key Points
  • Nabil Investment Banking Limited’s 131st board meeting decided dividend payouts for Nabil Balanced Fund-2 and Nabil Balanced Fund III.
  • NBF2 will distribute a 3.5% dividend worth Rs. 3.92 crore, while NBF3 will pay a 2.5% cash dividend worth Rs. 3.12 crore.
  • Both are 10-year closed-end mutual funds sponsored by Nabil Bank Limited and managed by Nabil Investment Banking Limited.
  • Investors who held the units until 6 Ashwin are eligible, as the book closure date was 7 Ashwin.
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