Kathmandu. Top 91 hydro companies listed in NEPSE, only 9 have declared dividend of iscal year 2080/081. Out of which one company has proposed to give only cash dividend, 2 companies have only offered bonus shares and 6 companies have offered both cash and bonus shares.

Among those that have declared dividends so far are Courage Energy, CEDB Hydropower, Bhagwati Hydropower, Mandu Hydropower, Supermai Hydropower, Api Power Company, Mandakini Hydropower, Supermai Hydropower and Ruru Hydropower Project.

SAHAS URJA LIMITED
Courage Urja has decided to distribute 8 percent bonus shares and 0.421 percent cash dividend (for tax purposes) for a total of 8.821 percent dividend for the year 2080/81.

CEDB Hydropower Development Company Limited

The company has decided to issue 11 percent bonus shares (excluding tax) of the paid up capital for the years 2079/80 and 2080/81. The dividend of the company has been passed by the general meeting held on October 21.

Bhagwati Hydropower Development Company

Bhagwati Hydropower has declared a total dividend of 14.7368 percent to its shareholders by way of bonus shares of 4 percent of paid-up capital and 10.7368 percent cash dividend. The company's dividend distribution proposal has been passed by the 24th Annual General Meeting held on October 16th.

Mandu Hydropower
The company has decided to distribute a cash dividend of 12% of the company's current paid-up capital of Rs. The proposal of the company has been passed by the 13th Annual General Meeting held on October 14th.

SuperMai Hydropower

The company has proposed a total of 12.63 percent dividend distribution to the shareholders from the net profit of the financial year 2080/81 as 7 percent bonus shares and 5.63 percent cash dividend (including tax purposes).

API POWER COMPANY LIMITED

Api Power has decided to distribute 5 percent bonus shares to the shareholders for the last year. Earlier, the company had proposed 9 percent bonus shares and 0.4737 percent cash dividend for tax purposes. Which was rejected by the Electricity Regulatory Commission.

Mandakini Hydropower Limited

The company has proposed to distribute a total of 5.2632 percent of dividends including 5 percent bonus shares of paid-up capital and 0.2632 percent cash dividend (for tax purposes) from the accumulated profits.

SUPER MADI HYDROPOWER LIMITED
The company has announced 5 percent bonus shares to the shareholders for the last financial year and a cash dividend of Rs 55 lakh 26 thousand 316 for tax purposes of the proposed bonus shares. The 15th annual general meeting of the company with the main agenda of passing the dividend is being held on 5th October at Hotel Imperial in Battisputli, Kathmandu.

Ruru Hydroelectric Project Limited

The company has declared a total dividend of 15.789 percent from the distributable profit of the last fiscal year 2080/81 consisting of 15 percent bonus shares and 0.789 percent cash dividend (for tax purposes). The company has called the 19th Annual General Meeting at Lisra Reception in Naxal, Kathmandu on 11th October to pass the dividend resolution.