Mid Solu Hydropower Dividend Announcement: What Investors Need to Know
Mid Solu Hydropower Limited has just announced a dividend distribution for the fiscal year 2081/82. This is exciting news for shareholders and a key development for anyone following Nepal’s stock market. Let’s dive into the details.
The company’s board of directors, in a meeting held on August 28, 2025, proposed the dividend. This announcement is a positive indicator of the company’s financial performance and commitment to rewarding its investors.
As per the board’s recommendation, Mid Solu Hydropower is set to distribute a total of 15.789%. This includes a bonus share of 15% of the current paid-up capital and a cash dividend of 0.789% for tax purposes. This is a substantial dividend yield, making it an attractive proposition for both existing and potential stock investors.
This dividend is subject to approval at the company’s upcoming Annual General Meeting (AGM). Once approved by the shareholders, the dividend will be distributed accordingly. This is a crucial step in the dividend process.
The current paid-up capital of Mid Solu Hydropower stands at NPR 748.4 million. This information is vital for understanding the overall impact of the dividend payout. Investors often use this information to calculate the actual dividend amount they will receive.
This announcement is a significant event for the Nepalese stock market. The hydro sector is vital to Nepal’s economy, and any news regarding dividend announcements is always followed with interest.
