ICFC Finance Announces Attractive Dividend for FY 2081/82!
Exciting news for ICFC Finance Limited (ICFC) shareholders! The company has just announced a proposed dividend of 15.7895% for the fiscal year 2081/82. This marks a potentially lucrative return for investors in the finance sector.
During the 338th board meeting, held on Kartik 23, the board of directors decided to recommend distributing this substantial cash dividend. The dividend will be calculated based on the company’s paid-up capital of Rs. 1.18 Arba, resulting in a proposed cash dividend payout of Rs. 18.68 crores. This represents a significant investment opportunity for current and prospective ICFC shareholders.
It’s important to note that this proposed dividend is subject to approval from Nepal Rastra Bank, the central bank, and endorsement from the company’s upcoming Annual General Meeting (AGM). Investors should stay tuned for further updates regarding the AGM and the official confirmation of the dividend distribution. This positive announcement could lead to increased stock market activity and investor interest in ICFC Finance. Keep an eye on the Nepalese stock market for any further news regarding this exciting development! This development underscores ICFC Finance’s commitment to delivering value to its shareholders.
