Hydroelectricity Investment and Development Company Limited (HIDCL) Proposes 8.421% Dividend for FY 2077/78

Hydroelectricity Investment and Development Company Limited (HIDCL) has proposed an 8.421% dividend for the fiscal year 2077/78.

The 248th meeting of the board of directors held on Kartik 15 has decided to distribute 8% bonus shares and 0.421% cash dividend from the paid-up capital. The paid-up capital of the company is Rs. 18.7 Arba. Thus, the bonus shares are worth slightly over Rs. 1.49 Arba and cash dividend is worth Rs 7.87 crores.

Note that this dividend will be distributed only after endorsement by the company's upcoming AGM. As of writing, HIDCL has an LTP of Rs. 402.

Dividend History