Citizens Mutual Fund and Citizens Capital distribute profits and dividends from FY 2081/82 to investors and shareholders.
Citizens Capital Limited has announced the distribution of a total of Rs. 28,05,21,020 (Rupees twenty-eight crore five lakh twenty-one thousand twenty) as returns from the profits of Citizens Mutual Funds and Citizens Capital Limited for the fiscal year 2081/82. The company stated that the distribution includes dividends from multiple mutual fund schemes and the company’s own profits.
Under the Citizens Mutual Fund schemes, returns have been allocated from both the profit of FY 2081/82 and accumulated reserves to the unit holders recorded as of 2082 Bhadra 12. Cash dividend distribution began on 2082 Bhadra 20, with Citizens Mutual Fund–2 distributing 8.25% cash dividend (including tax) equivalent to Rs. 4,62,00,000, and Citizens Super 30 Mutual Fund distributing 12.75% cash dividend (including tax) amounting to Rs. 9,57,17,297.
Similarly, Citizens Mutual Fund–1, which matured on 2081 Falgun 19, has been settled at a Net Asset Value (NAV) of Rs. 11.30 per unit. The total payable amount, including the final-year dividend of 13% (Rs. 10,66,03,723), stands at Rs. 9,26,60,37,723, which has been distributed since 2082 Jestha 27.
In addition, Citizens Capital Limited has distributed Rs. 3,20,00,000 in dividends to its own shareholders, starting from 2082 Bhadra 20. The company has also requested all unit holders who have not yet claimed dividends from previous fiscal years to update their bank account details in their beneficiary accounts and contact the company to receive any remaining payments.
Citizens Capital Limited, a subsidiary of Citizens Bank International Limited, is licensed by the Securities Board of Nepal (SEBON) to perform key investment services including mutual fund management, issue and sales management, portfolio management, institutional advisory, underwriting, share registrar, and demat account operations. The company’s registered office is located at Batule Ghar, Dillibazar, Kathmandu. It is chaired by Mr. Rajendra Lal Shrestha, with Mr. Sabir Bade Shrestha serving as the Chief Executive Officer. Citizens Capital also includes investment participation from the Employees Provident Fund (EPF) and several prominent Nepali industrial and business groups.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
