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Reminder: Your Last Chance to Grab Dividend of These 2 Companies

ICFC Finance Limited (ICFC) has called its 18th AGM on 5th Poush, 2078. The meeting will be held in Amrapali Banquet, Kathmandu, starting at 10 am that day.

Among other agendas, the AGM will endorse a 14% dividend for the fiscal year 2077/78. The 287th meeting of the board of directors held on Ashoj 25 decided to distribute the dividend on the paid-up capital of Rs. 1,024,265,800. 10% bonus shares worth over Rs 10.24 crores and 4% cash dividend (including tax) worth over Rs 4.09 crores have been proposed.

Mangsir 23 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend this AGM.

As of writing, ICFC has an LTP of Rs. 712.

Similarly, Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) has called its 5th AGM on 8th Poush, 2078. The meeting will be held in the company’s central office in Rupandehi, starting at 1 pm that day.

Among other agendas, the AGM will endorse a 34% dividend for the fiscal year 2077/78. The meeting of the board of directors held on Ashoj 17 decided to distribute the dividend on the paid-up capital of Rs. 9,20,50,000. 32.3% bonus shares and 1.7% cash dividend (tax purposes) have been proposed. Thus, the bonus shares are a little over Rs. 2.97 crores and the cash dividend is worth a little over Rs. 15.64 lakhs.

Furthermore, the meeting will also elect 4 board members from the promoters.

Mangsir 23 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend the AGM. SMFBS closed at Rs. 2,619 yesterday.

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