NIC Asia Dynamic Depth Fund Announces Dividend

NIC Asia Dynamic Depth Fund (NADDF), a mutual fund under NIC Asia Bank Mutual Fund, has announced a dividend for the last fiscal year (2080/81).

The board of directors of NIC Asia Capital, which manages the fund, has decided to distribute a 10 percent cash return to the mutual fund unit holders.

The company's book closure took place today, meaning that only the mutual fund unit holders registered in its book until yesterday, July 31 (Shrawan 16), will be eligible to receive the announced dividend.