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CIT providing 14.7368 percent dividend to its shareholders

Published On: June 15, 2024 05:30 PM NPT By: Republica

KATHMANDU, June 15: The Citizen Investment Trust (CIT), a semi-government organization, is providing its shareholders a 14.7368 percent dividend from its earnings of the last fiscal year.

A meeting of the CIT board of directors held on Friday decided to distribute a 14.7368 percent dividend for the fiscal year 2022/23. It will involve 14 percent bonus shares and 0.7368 percent cash dividend for tax purposes.

The existing paid-up capital of CIT is Rs 5.31 billion. The share price of the CIT is around 2,100 per share.