Last day to secure dividend of Oriental Hotels and 5 Mutual Funds

Sep 27, 2023 11:02 AM Merolagani

Today is the last day to secure dividend of six companies including Oriental Hotels, NMB Hybrid Fund L-1, NMB50 Mutual Fund, Sanima Equity Fund, Sunrise First Mutual Fund and Prabhu Select Fund.

Oriental Hotels, NMB Hybrid Fund L-1, NMB Fifty and Prabhu Select Fund are closing their books on September 29 while Sanima Equity Fund and Sunrise First Mutual Fund are closing their books on October 1.

Thus, the shareholders registered in their books till September 27 (last trading day before book close) are eligible to obtain the announced dividend.

Oriental Hotels (OHL)  is conducting its annual general meeting on October 12 in Nepal Prasasanik Prashikshyan Pratisthan, Jawalakhel, Lalitpur at 11 am. The meeting will endorse a proposal of distributing 5.2632 percent cash dividend to its shareholders. Moreover, the meeting will appoint an auditor and approve financial reports of the last FY.

NMB Mutual Fund, a mutual fund operating under NMB Capital, a subsidiary company of NMB Bank has announced returns of distributing 15 percent cash returns each for NMB Hybrid Fund L-1 (NMBHF1) and NMB Fifty (NMB50).

Sanima Equity Fund (SAEF), a mutual fund operating under Sanima Mutual Fund promoted by Sanima Capital a subsidiary company of Sanima Bank is distributing 18 percent return.

Sunrise First Mutual Fund (SFMF) is distributing 16 percent cash dividend including tax to its mutual fund units holders. The mutual fund is managed by Sunrise Capital.

Prabhu Select Fund (@PSF@) is distributing 9.50 percent returns to its mutual fund unit holders.

Prabhu Select Fund is a mutual fund operating under Prabhu Mutual Fund managed by Prabhu Capital, a subsidiary company of Prabhu Bank.

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