NMB 50 Proposes 15% Cash Dividend And NMB Sulav Investment Fund - II Proposes 15% Cash Dividend for FY 2081/82; When is the Book Closure?

Summary

NMB 50 and NMB Sulav Investment Fund - II have proposed a 15% cash dividend for fiscal year 2081/82, with book closure on 13th Bhadra for dividend eligibility.

Key Points
  • NMB 50 and NMB Sulav Investment Fund - II announced a 15% cash dividend for FY 2081/82.
  • Both funds are closed-ended mutual funds managed by NMB Capital Limited with a 10-year maturity period.
  • As of Ashadh, NMB50's NAV is Rs. 12.18 with a closing price of Rs. 11.18; NSIF2's NAV is Rs. 13.37 with a closing price of Rs. 11.31.
  • The book closure date for dividend eligibility is 13th Bhadra; unit holders registered until 12th Bhadra will receive dividends.
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