Himalayan Distillery Limited (HDL), a leading name in Nepal’s beverage industry, has officially announced the book closure date for its recently declared 15% bonus shares and 5% cash dividend. The book closure date is set for 1st March 2025 (17th Falgun 2081).
Key Details of the Dividend Announcement:
- Bonus Shares: 15%
- Cash Dividend: 5%
- Book Closure Date: 1st March 2025 (17th Falgun 2081)
- Eligibility: Shareholders who own HDL shares before the book closure date will qualify for the bonus shares and cash dividend.
What is Book Closure?
The book closure date signifies the cutoff point for determining the list of eligible shareholders who will receive the announced dividends. If you hold HDL shares on or before 29th February 2025, you will be entitled to both the bonus shares and the cash dividend.
What Are Dividends?
Dividends are a portion of a company’s profits distributed to its shareholders as a reward for their investment. Dividends can be of two types:
- Cash Dividend: A monetary payment directly credited to the shareholder’s bank account. HDL’s 5% cash dividend is a direct return on investment.
- Bonus Shares: Additional shares issued to shareholders, increasing their equity in the company. HDL’s 15% bonus share means shareholders will receive 15 shares for every 100 shares they own.
Dividends indicate the company’s profitability and its commitment to sharing success with its investors.
Importance of This Announcement
The declaration of a 15% bonus share and a 5% cash dividend reflects HDL’s strong financial performance and dedication to shareholder value. Such announcements not only boost investor confidence but also underline the company’s growth potential in Nepal’s competitive stock market.
Implications for NEPSE Investors
With the book closure date approaching, HDL shares are expected to attract significant attention on the Nepal Stock Exchange (NEPSE). Investors looking to benefit from the dividends should plan their trades accordingly. Bonus shares will increase the overall liquidity, while cash dividends provide immediate returns.
Final Reminder
To ensure you qualify for HDL’s dividend, make sure to purchase HDL shares before the book closure date, as only shareholders listed by 17th Falgun 2081 will be eligible for the reward.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice.
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