SIGS1 & SEOS offers impressive 30% & 16% cash dividend respectively

Siddhartha Investment Growth Scheme (SIGS1) has proposed 30 percent cash dividend to its unit holders. As per the notice published on Nepal Stock Exchange today, the BOD meeting of the company held on Bhadra 12, 2073 has proposed 30 percent cash dividend to its unit holders. The decision is subjected to approval from concerned authorities. SIGS1 which began with a total fund of Rs 50 crore, has invested Rs 1.36 arba in listed shares, Rs 4.84 crore in public issues, rights shares and bonus shares. The scheme has invested in 1,293,929 unit shares of 83 listed companies. Its Last Traded Price (LTP) stood at Rs 28.67  at NEPSE on August 23, 2016. Similarly, Siddhartha Equity Oriented  Scheme (SEOS) announces 16 percent cash dividend to its unit holders. The BOD meeting of the company held on Bhadra 12 has proposed 16 percent cash dividend to its unit holders. The decision is subjected to approval from concerned authorities. The scheme, which began with a total fund of Rs 100 crore, has invested Rs 1.15 arba in listed shares, Rs 4.69 crore in public issues, rights shares and bonus shares. The scheme has invested 1,121,989 unit shares of 79 listed companies. Its LTP stood at Rs 15.60 at NEPSE on August 28, 2016.