NMB Capital Proposes 20% Cash Dividend for NMB Hybrid Fund L- 1 and 30% for NMB50; When's the Book Closure?

Tue, Aug 17, 2021 11:52 AM on Mutual Fund, Latest,

NMB Capital has proposed a 20% cash dividend for NMB Hybrid Fund L- 1 (NMBHF1). The meeting of the board of directors held on Shrawan 32 decided on the matter. This is the dividend for the fiscal year 2077/78.

Similarly, NMB Capital has also proposed a 30% cash dividend for NMB50. This was also decided by the meeting of the board of directors held on Shrawan 32. This is the dividend for the fiscal year 2077/78.

Bhadra 18 is the book closure date for both the funds' dividends. Thus, unitholders maintained before that day are entitled to the dividend payout.