Last day to secure dividend of Citizens Mutual Fund 1 and 2

Sep 08, 2021 11:24 AM Merolagani

Today is the last day to secure dividend of Citizens Mutual Fund 1 and Citizens Mutual Fund 2 promoted by Citizens Bank International (CZBIL) and managed by CBIL Capital.

Both mutual funds are closing their book on September 9 for dividend distribution, thus, the unit holders registered in their book till today, September 8 will be eligible to obtain the announced dividend.

The board of directors meeting of the company held on August 17 proposed 40 percent dividend to the unitholders of both Citizens Mutual Fund 1 and Citizens Mutual Fund 2.

The capital will distribute dividends worth Rs 328 million to Citizens Mutual Fund 1 and worth Rs 224 million to Citizens Mutual Fund 2.

 

 

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