United Modi Hydropower has announced a dividend, how much is it giving to shareholders?

United Modi Hydropower has announced a dividend, how much is it giving to shareholders?

United Modi Hydropower Limited has announced a dividend from the profit earned in the fiscal year 2081/82. As per the decision of the company’s board of directors, a total dividend of 7.36842 percent has been proposed, comprising 7 percent bonus shares and 0.36842 percent cash dividend for tax purposes based on the current paid-up capital.

The company stated that the proposed dividend will be distributed to shareholders only after receiving approval from the Electricity Regulatory Commission and endorsement by the upcoming Annual General Meeting (AGM).

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.

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(UMHL)

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