Shareholders of Bottlers Nepal Limited and Bottlers Nepal (Terai) Limited received unexpected news this week. Both companies have decided not to distribute any dividends for the financial year 2081/82.
The decision was made during the board meeting held on Mangsir 10. Both companies confirmed that there will be no bonus shares and no cash dividend this year.
- Bottlers Nepal Limited (Balaju)
- Bonus Share: 0.00%
- Cash Dividend: 0.00%
- Last Traded Price (LTP): Rs. 16,250
- Bottlers Nepal (Terai) Limited
- Bonus Share: 0.00%
- Cash Dividend: 0.00%
- Last Traded Price (LTP): Rs. 12,200
Why No Dividend this year?
The board of both companies explained that this decision is made to focus on the long-term growth and stability of the companies, which they believe will benefit shareholders in the future.
Bottlers Nepal will hold its 47th annual general meeting on Poush 23. The company’s book closure is scheduled for Poush 11 for a single day, during which shareholding records will be finalized.
