NIBL Pragati Fund Proposes 4.2% Cash Dividend for FY 2078/79; When's the Book Closure?

NIBL Ace Capital Limited has proposed a 4.2% cash dividend for NIBL Pragati Fund (NIBLPF). This is the dividend for the fiscal year 2078/79.

Bhadra 29 is the book closure date for the funds' dividend. Thus, unit holders maintained before that day are entitled to the dividend payout.

NIBL Pragati Fund (NIBLPF), is a 7 years closed-end mutual fund scheme managed by NIBL Ace Capital Limited, a wholly-owned subsidiary of Nepal Investment Bank.

Last Year, NIBLPF announced a 50% cash dividend for FY 2077/78.

As of writing, NIBLPF is last traded at Rs. 8.47 on Nepal Stock Exchange.

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