Unilever Nepal starts distribution of 700% cash dividend; Ngadi Power also distributes 10% cash dividend

Fri, Oct 26, 2018 10:10 AM on Dividend, Bonus & Rights, Latest, Stock Market,

Unilever Nepal Limited (UNL) will be depositing its 700% cash dividend in the bank accounts of its shareholders from today.

The manufacturing company had declared 700% cash dividend for its shareholders from its 25th AGM. The amount will be deposited in the respective bank accounts having the IPS membership.

 Similarly, the company has also notifies that the shareholders unable to receive the dividend through bank account will be paid through account payee cheque.

Ngadi Group Power Limited (NGPL ) is also distributing its 10% cash dividend directly in the bank accounts of its shareholders.

The hydropower company had declared 10% cash dividend for its shareholders for the FY 2074/75.