Mountain Energy Nepal Proposes 21.0526% Dividend for FY 2081/82; How much in Bonus shares and Cash?

Mountain Energy Nepal Limited (MEN) has proposed a 21.0526% dividend for the fiscal year 2081/82.

The 134th meeting of the board of directors held on Kartik 20 has proposed a 20% dividend for the fiscal year 2081/82. 20% bonus shares and 1.0526% cash dividends (for tax purposes) have been proposed.

The dividend will be distributed only after approval by the Electricity Regulatory Commission and endorsement by the company's upcoming AGM.

Mangsir 17 is the book closure date. Thus, shareholders who have maintained their shares until today are entitled to the dividend payout and can attend the AGM.

MEN closed at Rs. 622.00 yesterday.

Dividend History: