Himalayan Distillery Limited (HDL) proposes 100% Dividend for FY 2076/77; When's the book closure and AGM?

Fri, Dec 18, 2020 10:29 AM on Dividend, Bonus & Rights, Latest,

Himalayan Distillery Limited (HDL) has proposed a 100% dividend for the fiscal year 2076/77.

The meeting of the board of directors held on Poush 02 has decided to distribute 50% bonus shares from the paid-up capital. Furthermore, a 50% cash dividend is also proposed on the par value of each share. This means that Rs. 50 cash dividend (including the amount for tax purposes) is proposed for each share.

Note that this dividend will be distributed only after endorsement by the company's upcoming AGM.

Furthermore, the company has also announced its 20th AGM on Poush 29, i.e. January 13. The AGM will be organized in Parsa, Birgunj. The book closure date is declared on Poush 17. Thus, investors maintained before that date are entitled to the dividend payout and can also attend the AGM. 

As of writing, the company's last day close stands at Rs. 4,400.

Dividend History