Citizen investment trust announces dividend for investors

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Rabindra Bhattrai
Rabindra Bhattarai is a respected finance expert, widely known for his contributions to Nepal’s capital market through research, and authorship on stock market investment and financial...
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Citizen investment trust has announced a dividend for its investors. The decision was made during a meeting of the company’s board of directors held on Poush 6. The dividend will be distributed from the profit earned in the fiscal year 2081/82.

According to the proposal, the trust plans to distribute a total dividend of 13% based on its current paid-up capital. This includes 5% bonus shares and 8% cash dividend. The cash portion also covers the amount required for tax purposes.

The dividend will be distributed to investors only after it receives approval from the Ministry of Finance. It must also be passed by the company’s upcoming annual general meeting before the final distribution.

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Rabindra Bhattarai is a respected finance expert, widely known for his contributions to Nepal’s capital market through research, and authorship on stock market investment and financial management.
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