Unitholders of Citizens Mutual Fund 1 to get 7% cash dividend for FY 75/76; NEPSE publishes a notice

Nepal Stock Exchange Limited (NEPSE) has published a notice regarding the dividend decision of Citizens Mutual Fund 1 (CMF1).

As per the notice published, the fund manager, CBIL Capital Limited, has decided that the unitholders of the scheme will be getting 7% cash dividend (including tax) out of the profits of FY 75/76.

The mutual fund has reported a minimal increase in Net Assets Value (NAV) to Rs.11.47 from Rs.11.35 for the month of Shrawan. It has reported a net profit of Rs.26.20 Lakh till Shrawan which was Rs.9.26 Crore till the last month.