Himalayan Distillery bonus shares and cash dividend: how much?

Himalayan Distillery limited surprises investors with a big announcement this year(FY 2081/82). Shareholders are set to benefit from a move that could make their investments more rewarding.

Himalayan Distillery dividend details

The company will distribute:

• Bonus shares: 20%
• Cash dividend: 5%

For comparison, last year (FY 2080/81), the company gave 15% bonus shares and 5% cash dividend.

The last traded price of Himalayan Distillery shares is Rs. 1,310. The dividend is expected to attract interest from both current and new investors, as it increases the value of their holdings and rewards them with a portion of the company’s profits.