Dividend Alert: Today Last Day to Secure Dividends from 2 Companies, 3 Mutual Funds

Thursday, Ashoj 8, marks the last day to secure dividends from two listed companies and three mutual fund schemes. The entities include Machhapuchchhre Bank Limited (MBL), Kalinchok Darshan Limited (KDL), RBB Mutual Fund 1, RBB Mutual Fund 2, and Global IME Balanced Fund 1. Kalinchok Darshan will close its books on Ashoj 9, while Machhapuchchhre Bank, RBB Mutual Fund 1 and 2, and Global IME Balanced Fund 1 will close their books on Ashoj 12. Therefore, investors holding shares or units by the end of Thursday’s trading session will be eligible to receive the respective dividends. Kalinchok Darshan has scheduled its 12th Annual General Meeting for Ashoj 16 at German Homes Hotel, Madhyapur Thimi, Bhaktapur, starting at 11:30 AM. The AGM will seek approval for an 8.5% bonus share and 0.4474% cash dividend for tax purposes. It will also consider issuing 6,835,500 right shares at a 1:1 ratio based on the post-bonus paid-up capital, along with amendments to the company’s constitutional documents and other agenda items. Machhapuchchhre Bank will hold its 28th AGM on Ashoj 28 at Hotel Pokhara Grand, Pardi, Pokhara, starting at 11 AM. The AGM will propose a 3% bonus share and 3% cash dividend, including tax. It will also consider an 8.25% cash dividend for preference shareholders, along with director elections, amendments to the bank’s constitutional documents, appointment of an auditor, and other proposals. Meanwhile, RBB Mutual Fund 1 will distribute a 2.75% cash dividend including tax, while RBB Mutual Fund 2 will distribute 6% cash dividend including tax to its unit holders. Global IME Balanced Fund 1 will distribute a 12% cash dividend.