Himalayan Capital 80-20 Declares 15% Cash Dividend
Himalayan 80-20 has announced a 15% cash dividend worth Rs. 15 crore for unit holders for fiscal year 2082/83.
Himalayan 80-20 (H8020) has declared a 15% cash dividend for its unit holders for the fiscal year 2082/83.
The decision was taken at the 74th meeting of Himalayan Capital Limited’s board of directors held on Bhadra 17, approving a cash dividend of 15%, including applicable taxes, amounting to Rs. 15 crore.
Himalayan 80-20 is a closed-ended mutual fund with a 10-year maturity period. Himalayan Capital Limited is the sponsor of the fund, while Himalayan Bank Limited serves as its fund manager.
The dividend declaration is subject to the completion of the required regulatory and other procedures.
As of the month of Shrawan, the NAV of Himalayan 80-20 stood at Rs. 12.58.