NMB Capital Announces Cash Dividends for Three Mutual Funds
NMB Capital Limited has announced cash dividends for unit holders of three mutual funds under its management—NMB Fifty, NMB Sulav Investment Fund-II and NMB Hybrid Fund L-II. NMB Sulav Investment Fund-II has declared the highest dividend at 10%.
NMB Capital Limited has announced cash dividends for unit holders of three mutual funds under its management. NMB Fifty will distribute a 3.15% cash dividend, while NMB Sulav Investment Fund-II will provide a 10% dividend and NMB Hybrid Fund L-II will distribute 4.5%, including applicable taxes. The decision was taken at the company’s board meeting held on Shrawan 29. The capital has also fixed Bhadra 8 as the book closure date for the dividend distribution. Accordingly, unit holders who maintain their holdings through transactions completed on the Nepal Stock Exchange by Bhadra 5 will be eligible to receive the announced dividends.