Nepal Hydro Developer Limited (NHDL) has declared an 8.42% dividend including cash and bonus shares for the fiscal year 2080/81. The company has also scheduled its 18th Annual General Meeting (AGM) for Poush 25, 2081, at a venue yet to be disclosed.
Dividend Details:
- Bonus Shares: 8% of the dividend will be distributed as bonus shares on the paid-up capital, valued at Rs. 2.87 crore.
- Cash Dividend: 0.42% (for tax purposes) of the dividend will be distributed in cash, amounting to Rs. 15.13 lakhs.
- Paid-Up Capital: Rs. 35.94 crore.
Key Dates:
- Book Closure Date: Poush 8, 2081.
Shareholders who hold shares until Poush 7 will be eligible for the dividend and can participate in the AGM.
This announcement was made during the 91st board of directors meeting held on Mangsir 28, 2081. The proposed dividend and other decisions will require final approval at the AGM. NHDL continues to prioritize shareholder returns while pursuing its hydropower development goals.
Dividend History of Nepal Hydro Developer:
| S. No. | Bonus Dividend (%) | Cash Dividend (%) | Total Dividend (%) | Announcement Date | Book Closure Date | Distribution Date | Bonus Listing Date | Fiscal Year |
|---|---|---|---|---|---|---|---|---|
| 1 | 8.00 | 0.42 | 8.42 | 2024-12-16 | 2024-12-23 | – | – | 2080/2081 |
| 2 | 7.00 | 0.37 | 7.37 | 2023-12-03 | 2023-12-11 [Closed] | – | 2024-05-31 | 2079/2080 |
| 3 | 5.00 | 0.0263 | 5.0263 | 2022-11-28 | 2022-12-26 [Closed] | – | 2023-04-25 | 2078/2079 |
| 4 | 7.00 | 0.3684 | 7.3684 | 2021-12-17 | 2021-12-28 [Closed] | – | 2022-04-03 | 2077/2078 |
| 5 | 15.00 | 0.7895 | 15.7895 | 2021-03-07 | 2021-03-16 [Closed] | – | 2021-07-27 | 2076/2077 |
About Company:
Nepal Hydro Developer Limited (NHDL) is a private company promoting Nepal’s hydropower sector to support national development. Key shareholders include Hydro Solutions Group, K.L. Dugar Group, Murarka Group, and Debenara Group. It operates the 3.52 MW Charanawoti Hydropower Project in Dolakha District, with an annual energy generation of 20.383 GWh. Commercial operations began on 24th Jestha 2070. The project’s headworks are 13 km from the highway, and the powerhouse is 15 km away.