Global IME Samunnat Scheme 1 (GIMES1) Proposes Highest Dividend Ever in Mutual Fund Sector

Mon, Oct 11, 2021 10:42 AM on Dividend, Bonus & Rights, Latest,

Global IME Samunnat Scheme 1 (GIMES1) has 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 has decided to distribute the dividend on the paid-up capital of Rs. 1 Arba. Thus, the dividend itself is also worth Rs. 1 Arba.

The company had only distributed a 4% cash dividend for the fiscal year 2076/77. As of writing, GIMES1 has an LTP of Rs. 19.70.