Kathmandu. The dividend of Siddhartha Systematic Investment Scheme run under Siddhartha Mutual Fund has been declared.
A meeting of the Board of Directors of Project Manager Siddhartha Capital was held on Sunday. Dividend has been announced for 82. Accordingly, it has been decided to distribute 8 percent cash dividend along with tax to the unit owners of the scheme.
For the purpose of dividend distribution, Capital has decided to close the book on July 15. This means that only the unit owners who had been in office till July 15 are eligible to receive the dividend of the scheme.
This is an open plan. The amount equal to the dividend received in this scheme can be invested again by purchasing the unit of this scheme. According to Capital, the unit equal to the amount re-invested in this way will be deposited in the beneficiary account of the concerned unit owner.
According to Capital, the amount of dividend of the unit owner who does not participate in the re-investment scheme will be deposited in the bank account mentioned in the beneficiary account.
