Last day to secure 18% cash dividends of NIBL Sambriddhi Fund - 1; LTP at Rs 13.00

Today is the last day to secure 18% cash dividends of NIBL Sambriddhi Fund – 1. NIBL Sambriddhi Fund-1 (NIBSF1) has proposed 18 percent cash dividend to its unit holders. The BOD meeting of the company held on Shrawan 31, 2074 has proposed 18 percent cash dividend to its unit holders. It has decided to close the register of their shareholders on Bhadra 13, 2074. Thus, unit holders holding shares ahead of the book closure date, i.e. till Bhadra 12, 2074 are entitled for cash dividends. The decision is subjected to approval from concerned authorities. NIBSF1 a closed-end 7 years mutual fund scheme NAV remains at Rs 14.94 at the end of Ashad 2074. The mutual scheme which began with a total fund of Rs 1 arba, has invested Rs 1.07 arba in the listed share of total 83 listed companies and Rs 4.79 crore in public issues, right and bonus share. Its Last Traded Price (LTP) stood at Rs 13.00 at NEPSE on August 19, 2017.