Ridi Hydropower (RHPC) Proposes 12.6% Dividend for FY 2077/78

Thu, Sep 30, 2021 4:28 PM on Dividend, Bonus & Rights, Latest,

Ridi Hydropower Development Company Limited (RHPC) has proposed a 12.6% dividend for the fiscal year 2077/78.

The entirety of the dividend is proposed in cash. This amount also includes the tax amount levied on the dividend. Note that the cash dividend is distributed on a share's par value. Thus, the 12.6% cash dividend will be distributed from Rs. 100 par value per share, irrespective of the stock price. 

The company had distributed 5% bonus shares and 0.26% cash dividend for the fiscal year 2076/2077. As of writing, RHPC has an LTP of Rs. 749.

Dividend History