“Sunrise First Mutual Fund” Distributing 12% Cash Dividend to Demat Accounts

Thu, Sep 22, 2022 9:20 AM on Latest, Dividend, Bonus & Rights, Mutual Fund,

Sunrise Capital Limited is distributing 12% cash dividend of “Sunrise First Mutual Fund” directly to bank accounts of its shareholders from 6th Ashwin, 2079.

The fund proposed a 12% cash dividend (including tax) for the fiscal year 2078/79. Bhadra 29 was the book closure date. Thus, unitholders maintained before that day are entitled to the dividend payout.

Sunrise First Mutual Fund (SFMF), sponsored by Sunrise Bank and managed by Sunrise Capital, is a closed-end fund with a maturity of 10 years and a fund size of Rs 86 crores.

Last Year, SFMF announced a 50% cash dividend for FY 2077/78. As of writing, SFMF is last traded at Rs. 8.80 on Nepal Stock Exchange.