Citizens Mutual Fund and Citizens Capital Begin Cash Dividend Distribution to Unit Holders and Shareholders

Citizens Mutual Fund has started distributing cash dividends to its unit holders from various schemes for the fiscal year 2081/82.

• Citizens Mutual Fund-2 is distributing 8.25% (Rs. 4.62 crore).

• Citizens Super 30 Mutual Fund is distributing 12.75% (Rs. 9.57 crore).
  The dividend distribution began on 20th Bhadra 2082.

Additionally, Citizens Mutual Fund-1, which matured on 19th Falgun 2081, has already distributed Rs. 92.66 crore at a NAV of 11.30, which includes the 13% dividend from the previous fiscal year.

Meanwhile, Citizens Capital Limited has also started distributing Rs. 3.2 crore in cash dividends to its shareholders, effective from 20th Bhadra 2082. Unit holders who have not yet received their dividends are requested to update their bank account details and contact Citizens Capital Limited.

Citizens Capital Limited, a subsidiary of Citizens Bank, is licensed by the Securities Board of Nepal (SEBON) to operate mutual funds, manage securities issuance, provide portfolio management, advisory, underwriting, and Demat services.

The company’s registered office is located in Battuleghar, Dillibazar, Kathmandu, and it is led by Chairman Rajendra Lal Shrestha and CEO Sabir Bade Shrestha.