Supermai Hydropower Limited Proposes 18.421% Dividend for Fiscal Year 2082/83; How Much in Bonus Shares and Cash?

Supermai Hydropower Limited (SMH) has proposed a 18.421% dividend for the fiscal year 2082/83.

The company has proposed a 14% bonus shares and a 4.421% cash dividend (including tax) for the fiscal year 2082/83. The company's existing paid-up capital is Rs. 64.20 Crores.

The dividend was subject to being distributed only after approval from the Electricity Regulatory Commission and endorsement by the company's upcoming 12th AGM.

As of writing, SMH has an LTP of Rs. 565.00.