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Unilever Nepal Limited Proposes Massive 1215% Cash Dividend for Fiscal Year 2078/79

2022-11-03

Unilever Nepal Limited (UNL) has proposed the dividend for the fiscal year 2078/79.

The 173rd Board of Directors meeting of Unilever Nepal Limited was held in a virtual manner i.e. (video call via Microsoft Team Site) on Wednesday, 2nd November 2022. The Board of Directors has approved the audited Annual Accounts of the Company for FY 2078/79 and thereby has recommended distribution of NPR 1215 Per share as a dividend out of the profit available for appropriation.

4th Mangsir to 20th Mangsir is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout. As of writing, UNL has an LTP of Rs. 18,300.