Wed, Mar 27, 2024
Citizen Investment Trust (CIT) has announced a dividend of the last FY. The company decided to distribute 22 percent stock dividend and 1.16 percent cash dividend for tax purpose to its shareholders.
The company will distribute stock dividend worth Rs 242.51 million and cash dividend worth Rs 12.76 million.
The proposed dividend is subjected to approval from its upcoming AGM.
River Falls Power (RFPL) is set to issue 100 percent right shares to its existing shareholders.