Citizen Investment Trust Proposes 14.7368% Dividend for Fiscal Year 2079/80

Citizen Investment Trust Proposes 14.7368% Dividend for Fiscal Year 2079/80
Citizen Investment Trust Proposes 14.7368% Dividend for Fiscal Year 2079/80
Aspect Details
Company Name Citizen Investment Trust (CIT)
Proposed Dividend 14.7368%
Breakdown of Dividend 14% bonus shares, 0.7368% cash
Fiscal Year 2079/80
Paid-Up Capital Rs 5.31 Arba
Approval Required From Ministry of Finance, Nepal Government, AGM
Current Share Price Rs. 2,151.00

Citizen Investment Trust (CIT) has announced a proposed dividend of 14.7368% for the fiscal year 2079/80, decided by the board of directors in their meeting on Jestha 32. This includes 14% bonus shares and a 0.7368% cash dividend for tax purposes. The company’s current paid-up capital is Rs 5.31 Arba. 

The dividend proposal awaits approval from the Ministry of Finance, the Nepal Government, and the upcoming Annual General Meeting (AGM).

The dividend history of the Citizen Investment Trust (CIT):

S.N Bonus Dividend (%) Cash Dividend(%) Total Dividend(%) Announcement Date Book Closure Date Distribution Date Bonus Listing Date Fiscal Year
1 25.00 1.3158 26.3158 2023/05/14 2023-07-04 [Closed] 2023-09-24 2078/2079
2 30.00 1.5789 31.5789 2022/06/25 2022-08-10 [Closed] 2022-10-12 2077/2078
3 9.00 8.8947 17.8947 2021/04/04 2021-06-22 [Closed] 2021-09-01 2076/2077
4 22.00 1.16 23.16 2020/06/24 2020-06-24 [Closed] 2020-08-16 2075/2076
5 22.00 1.16 23.16 2019/08/23 2019-09-05 [Closed] 2074/2075
6 22.00 1.16 23.22 2018-11-26  2018-12-02 [Closed] 2073/2074
7 22.00 1.157 23.157 2018-04-22 [Closed] 2072/2073
8 21.85 1.15 23.00 2017-08-11 [Closed] 2071/2072
9 35.00 6.84 41.84 2016-02-18 [Closed] 2016-08-14 2070/2071
10 50.00 2.63 52.63 2014-07-02 [Closed] 2014-12-21 2069/2070
11 38.89 38.89 2013-06-28 [Closed] 2013-10-08 2068/2069
12 35.00 35.00 2012-07-21 [Closed] 2012-09-22 2057/2068

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