United Modi Hydropower proposes 5% cash dividend

United Modi Hydropower Limited (UMHL) has announced 5 percent dividend to its shareholders. As per the notice published in NEPSE today, the board meeting of the company held today, has announced 5% cash dividend (including tax) worth 5,75,00,000 from the net profit it had earned in the FY 2073/74. The decision is subjected to the approval from concerned authority and upcoming AGM. Its current paid up capital stands at Rs1.15 arba.It had earned Rs4.18 crore in the first quarter of the FY 2074/75. Its earnings per share (EPS) stands at Rs3.64 and net worth per share is at Rs 109.07.