Citizens' Investment Trust Announces 13 Percent Dividend

Kathmandu, 7 Poush. The Citizens' Investment Trust (CIT) has announced a 13 percent dividend distribution to its shareholders from the profits of the fiscal year 2080/81. The board meeting held on the morning of Poush 7 has decided to give 7 percent bonus shares and 6 percent cash dividend.

This dividend will be distributed after approval from the Ministry of Finance of the Government of Nepal and the fund's upcoming annual general meeting.

Previously, the fund distributed 14 percent bonus shares and 0.736 percent cash dividend for the profits of the fiscal year 2079/80.

The newly proposed dividend is expected to further benefit the shareholders.