Today marks the final trading day before Kumari Capital’s mutual funds close their books for dividend distribution, with the book closure date set for the 18th of Bhadra. Anyone holding units in these funds until today will be eligible for the cash dividend.
During their 60th board meeting on the 25th of Shrawan, Kumari Capital Limited decided to allocate a 10% cash dividend for Kumari Equity Fund (KEF) and a 6% cash dividend, including taxes, for Kumari Dhanbriddhi Yojana (KDBY) for the fiscal year 2079/80 to their unit holders.
In the previous fiscal year, KEF had announced a 5% cash dividend for FY 2078/79. As of the current update, the last traded price (LTP) for KEF stands at Rs. 9.02, while KDBY is at Rs. 8.32.