“Global IME Sammunat Scheme - 1” Distributes 100% Cash Dividend

Global IME Capital Limited has distributed 100% cash dividend of “Global IME Sammunat Scheme - 1 ” directly to bank accounts of its unitholders from 26th Mangsir and has urged unitholders to dematerialize their units.

The company had proposed a 100% dividend for the fiscal year 2077/78. The 134th meeting of the board of directors of Global IME Capital held in Ashwin 24 decided to distribute the dividend on the paid-up capital of Rs. 1 Arba. Thus, the dividend itself is also worth Rs. 1 Arba. This is the highest percentage dividend ever in the mutual fund sector. The company had only distributed a 4% cash dividend for the fiscal year 2076/77.

Mangsir 22 was the book closure date. Thus, unitholders maintained before that day are entitled to the dividend payout.

As of writing, GIMES1 has an LTP of Rs. 10.4.

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