Reminder: Last Day to grab the dividend of United Modi Hydropower (UMHL) and Samata Laghubitta (SMATA)

Today is the last day to grab the dividend of United Modi Hydropower Limited (UMHL) and Samata Laghubitta Bittiya Sanstha Limited (SMATA).

United Modi Hydropower Limited (UMHL) has called its AGM for FY 2076/77 on Poush 22, i.e. January 06. Among other proposals, the AGM will endorse a 5.263% cash dividend totaling Rs. 6,05,26,315.08.

The book closure date is declared on Poush 05. Since NEPSE will be closed on Poush 03 and 05, investors maintained till today are entitled to the dividend payout and can also attend the AGM. Books will be closed from Poush 05 to Poush 09.

Similarly, Samata Laghubitta Bittiya Sanstha Limited (SMATA) has called its 7th AGM on Poush 14. The meeting of the board of directors has decided to conduct the AGM in Hotel Classic, Simara, Bara. The AGM will commence at 10:30 that day.

Among other proposals, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed 6.32% of the existing paid-up capital as cash dividend and 20% as bonus shares. The company's existing paid-up capital is Rs. 19,11,16,800. Thus, the directors have proposed a cash dividend worth Rs. 1,20,70,535 and bonus shares worth Rs. 3,82,23,360.

The book closure date is announced on Poush 05. Thus, investors maintained till today are entitled to the dividend and can also attend the 7th AGM. Books will be closed from Poush 05 to Poush 14.