Last Day to Grab Dividend Proposed by Mutual Funds of Sunrise Capital and NIBL Ace Capital

Today is the last day to grab dividends of Sunrise First Mutual Fund (SFMF) and NIBL Pragati Fund (NIBLPF).

Sunrise Capital Limited has proposed a 12% cash dividend for Sunrise First Mutual Fund (SFMF). This is the dividend for the fiscal year 2078/79.

Sunrise First Mutual Fund (SFMF), sponsored by Sunrise Bank and managed by Sunrise Capital, is a closed-end fund with a maturity of 10 years and a fund size of Rs 86 crores.

Last Year, SFMF announced a 50% cash dividend for FY 2077/78. As of writing, SFMF is last traded at Rs. 11.56 on Nepal Stock Exchange.

Similarly, NIBL Ace Capital Limited has proposed a 4.2% cash dividend for NIBL Pragati Fund (NIBLPF) for the fiscal year 2078/79.

NIBL Pragati Fund (NIBLPF), is a 7 years closed-end mutual fund scheme managed by NIBL Ace Capital Limited, a wholly-owned subsidiary of Nepal Investment Bank.

Last Year, NIBLPF announced a 50% cash dividend for FY 2077/78. As of writing, NIBLPF is last traded at Rs. 8.82 on Nepal Stock Exchange.

Bhadra 29 is the book closure date for all the funds' dividends. Thus, unit holders maintained till today are entitled to the dividend payout.