Garima Samriddhi Yojana Announces Dividend for FY 2081/82! Mutual Fund Investors Rejoice!
Exciting news for investors! Garima Capital Limited’s Garima Samriddhi Yojana, a mutual fund promoted by Garima Bikas Bank, has declared a cash dividend for the fiscal year 2081/82. This is a significant development, especially considering the fund has only been in operation for about six months!
The board of directors met on August 1st and decided to provide a cash dividend of 5.10% (including tax) to its unit holders. This is a testament to the fund’s early success and its commitment to rewarding its investors.
The total dividend payout will amount to NPR 63.75 million, according to Garima Capital. This demonstrates the scale of the investment fund and the positive impact it’s having in the Nepalese financial market.
Key Dates for Investors
Investors need to take note of the following crucial date:
- Book Close Date: August 12th. Only unit holders holding units until August 11th will be eligible to receive the dividend.
Dividend Distribution Process
The dividend amount will be directly deposited into the bank accounts linked to the investor’s demat accounts. This streamlined process ensures a smooth and efficient distribution of dividends to all eligible investors. This makes the investment process easier and more convenient for shareholders.
Mutual fund investments can be a great way to diversify your portfolio and potentially earn passive income. This dividend announcement from Garima Samriddhi Yojana is a positive sign for the fund and for those looking to invest in the Nepalese stock market. Stay tuned for more updates on mutual fund performance and investment opportunities! Explore the benefits of investing and start your financial planning journey today. Keep up to date with the latest stock market news and investment strategies for a successful investment experience.
