Reliable Samriddhi Yojana Proposes 8.42% Cash Dividend For the FY 82/83; When's the Book Closure?

"Reliable Samriddhi Yojana ( RSY )" has announced a dividend for the fiscal year 2082/83.

The 67th meeting of the board of directors of Reliable Nepal Life Insurance Limited, held on Shrawan 28 at 8:00 am, has decided to distribute an 8.42105% cash dividend worth Rs. 10.10 crores (including tax) for Reliable Samriddhi Yojana for the fiscal year 2082/83.

Reliable Samriddhi Yojana (RSY) is a closed-ended mutual fund with a 12-year maturity period. The fund is managed by Reliable Investment and Merchant Capital Limited.

As of the month of Ashadh, the Net Asset Value (NAV) of MBLEF is reported at Rs. 11.16, with a closing price of Rs. 10.40.

The book closure date for dividend eligibility is 10th Bhadra. Thus, the shareholders maintained before that day are entitled to receive the dividend.