Mero Microfinance and HIDCL distributing 10% and 5% cash dividends respectively to shareholders from today; transferring direct to bank accounts
- ShareSansar, February 17, 2017 on Dividend, Right & Bonus , Featured , Latest , Stock Market
Mero Microfinance Bittiya Sanstha Ltd. (MERO) and Hydroelectricity Investment and Development Company Ltd. (HIDCL) are distributing 10% and 5% cash dividends respectively to their shareholders from today (Falgun 6, 2073).
As per the notice published by Global IME Capital Limited, the share registrar of both the companies, the cash dividends will be transferred directly to the bank accounts of the shareholders. For shareholders who have already dematerialized their shares, it has urged them to update their demat accounts with their bank accounts where the cash dividends will be transferred. For those who are yet to dematerialize their shares, Global IME Capital Limited has urged them to provide the bank account number by submitting a form at Global IME Capital Limited, Nachghar, Jamal, Kathmandu.
The share registrar has also added that those shareholders who have not dematerialized their shares will have their cash dividends transferred the next Friday after they dematerialize their securities automatically.