Kathmandu. Kumari Mutual Fund has declared dividend of 4 schemes.
Kumari Equity Fund, Kumari Dhanvriddhi Yojana, Kumari Sabal Yojana and Kumari Sunaulo Investment Scheme are the fund promoter Kumari Bank and Kumari Sunaulo Investment Scheme for the fiscal year 2082. The dividend has been declared for 83 years. As per the agreement, the unit holders of Kumari Equity Fund will get 10 percent cash dividend, Kumari Dhanvriddhi Yojana will get 10 percent and Kumari Sabal will get 2.90 percent cash dividend.
Those three plans are closed-ended. It has been decided to close the book on August 19 for the distribution of dividends of these schemes. This means that the shareholders of the units established before August 4 will get the fixed dividend.
Similarly, Kumari Sunaulo Investment Scheme is an open-ended scheme. The company has decided to distribute 4.70 percent cash dividend to the shareholders. To distribute this dividend, the scheme management has decided to close the book on September 21. This means that the unit holders will be eligible to receive the dividend till September 20.
