Sunday, January 5, 2014

Chilime Hydro Power distributing bonus share certificates from today

Kathmandu, Jan 5

Chilime Hydropower Company, one of the blue-chip companies, is distributing bonus share certificates to its shareholders from today.

Chilime had endorsed 10 percent cash and 30 percent bonus shares to the shareholders from the net profit it earned in the last fiscal year 2069/70.

The bonus shares would be distributed from 10:30 AM to 2:15 PM Sunday through Thursday and from 10:30 AM to 12:30 PM on Friday at its RTS, Citizen Investment Trust, according to a notice issued by the hydro-power project today.

Chilime has been distributing cash dividend warrants to the shareholders since October 9, 2013 (23, Ashwin 2070).
The hydropower company posted a net profit of Rs 96.504 million (Rs 96 crore, 50 lakh and 45 thousand) during the fiscal year 2069/70. 

Last year, company had distributed 30 percent bonus and 20 percent cash divined to its share holders.

Chilime is one of the highest dividend and bonus share provider to its share holders. It has distributed 295 percent cash dividend and 100 percent bonus share to the shareholders from the profits it made in the last few years.

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