Kathmandu – Hydroelectricity Investment and Development Company Limited (HIDCL) has declared a dividend for its shareholders. The company has decided to distribute a cash dividend from the profits earned during the last fiscal year.
In a meeting held on 26th Mangsir, the company’s Board of Directors approved a 5.25 percent cash dividend for shareholders. To formalize the approval of this dividend, the company has scheduled a General Meeting and set the book closure date.
The company will close its books on 12th Poush. In this context, only shareholders whose shares were traded on the Nepal Stock Exchange (NEPSE) until 11th Poush will be eligible to receive the proposed dividend and participate in the General Meeting.