Unilever Announces Dividend

Sep 13, 2018 Merolagani

Unilever Nepal (UNL) has announced dividend of the last FY. The company has proposed of distributing Rs 700 per unit cash dividend to its shareholders.

In the previous FY, the company distributed Rs 1270 including a special bonus of Rs 170 on the occasion of the 25th anniversary.

The company with Rs 92.1 million in paid-up capital earned Rs 999.4 million in net profit in the last FY. In the previous FY, the net profit was Rs 965.2 million.

The company has decreased the amount of cash dividend to be distributed to its shareholders compared to the previous FY despite increasing net profit.

The company will distribute the cash dividend after approval from its upcoming AGM on October 23.

 

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