3.63% Cash Dividend of RSDC Laghubitta (RSDC) Deposited in Bank Accounts; Here's How to Get Yours

Sun, Jan 24, 2021 10:44 AM on Latest, Dividend, Bonus & Rights,

RSDC Laghubitta Bittiya Sanstha Limited (RSDC) has distributed a 3.63% cash dividend directly to bank accounts of investors.

The recent AGM of the company endorsed a total of 12.63% dividend for the fiscal year 2076/77. From the paid-up capital of Rs. 67.15 crores, 9% bonus shares were distributed and 3.63% was distributed as cash dividends including the amount for tax purposes. The bonus shares dividend amounts to Rs. 6,04,37,045 while the cash dividend amounts to Rs. 2,43,86,878. The same cash dividend is now deposited in the bank accounts of investors.

Investors who have a Demat account but have not received the cash dividend should authorize their bank details on their Demat account to get the dividend.

Meanwhile, investors who still hold physical shares of the company should dematerialize their shares as early as possible to claim their dividend. Furthermore, if eligible investors had taken a loan against the shares of the companies before the book closure date, they should present a No Objection Letter from their lending institution in order to receive the dividend.

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