Citizen Investment Trust proposes 22.06% bonus shares and 1.16% cash dividend; Paid up capital to reach Rs 110.72 crore
Mon, May 21, 2018 7:12 AM on Dividend, Bonus & Rights, Stock Market, Featured,
Citizen Investment Trust Limited (CIT) has decided to distribute 22.06 percent bonus share to its shareholders. As per the notice published in NEPSE today, the BOD meeting of the company held on Jestha 07, 2075 has proposed 22.06 percent bonus share worth Rs 1,92,28,966 and 1.16 percent cash dividend worth Rs. 1,04,85,735 for tax purpose to its shareholders from the profit of fiscal year 2073/74.
The current paid up capital of the company is Rs 90.31 crore. After 22.06% bonus, its paid-up capital will reach Rs 110.72 crore.
CIT has made total investment of Rs 1.03 kharba in various sectors. Its return on investment (ROI) stands at 8.47% and Cost of fund at 7.05%
