Nabil Equity Fund announces 40% dividend

Sep Wed 2021 06:48:07

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Nabil Equity Fund announces 40% dividend

Kathmandu. Nabil Investment Banking Limited, promoted by Nabil Bank Limited and managed by Nabil Mutual Fund, will distribute 40% cash dividend (including tax) to the unit holders of the scheme for the fiscal year 2077/78.

From the profits of the Fiscal Year 2077/78, the fund provided 40% of the total plan size of Rs. 1.25 billion or Rs. 500 million (including tax) is about to be distributed.

The net asset value of the fund has been Rs. 19.28 per unit till mid-August and Rs. 18.39 per unit as of September 30. At present, the market price is Rs. 15.23.