United Modi Hydropower (UMHL) proposes 5.263% cash dividend for FY 2076/77; AGM on Poush 22

United Modi Hydropower Limited (UMHL) has proposed a 5.263% cash dividend for the fiscal year 2076/77.

The meeting of the board of directors has also declared the AGM to be held on Poush 22, i.e. January 06.

This is the 7th AGM of the company. Because of the pandemic-induced restrictions, the AGM will be streamed live. Nonetheless, the AGM will be hosted from the office of the company registrar in Kamaladi, Kathmandu, starting at 11 am.

The 5.263% cash dividend amounts to a little over Rs. 6.05 crores. This dividend will be distributed only after endorsement by the company's upcoming AGM.

The book closure date is declared on Poush 05. Thus, investors maintained before this date are entitled to the dividend and can also attend the AGM. Books will be closed from Poush 05 to Poush 09.

Dividend History