Nabil Investment Banking Limited Distributes Cash Dividend of Its Funds

Fri, Oct 22, 2021 10:43 AM on Latest, Dividend, Bonus & Rights,

Nabil Investment Banking Limited has distributed 40% cash dividend of "Nabil Equity Fund" and 35% cash dividend of "Nabil Balanced Fund-2" directly to the bank account of unitholders.

Nabil Equity Fund (NEF) had proposed a 40% cash dividend for the fiscal year 2077/78. The cash dividend is worth Rs. 50 crores and it also includes the tax for the dividend. Similarly, Nabil Balanced Fund 2 (NBF2) had proposed a 35% cash dividend for the fiscal year 2077/78. The cash dividend is worth Rs. 39.2 crores and it also includes the tax for the dividend.

Ashwin 10, 2078, was the book closure date. Thus, unitholders maintained before that day are entitled to the dividend payout.

Unitholders should dematerialize their shares to get the dividend. Similarly, unitholders who have taken margin loans against the units should present an approval letter from their lending institution.