13 Hydropower Companies Announce Dividends: Mountain Energy Nepal Leads the Pack
Thirteen hydropower companies listed on the Nepal Stock Exchange (NEPSE) have announced their dividend proposals for the current fiscal year. Mountain Energy Nepal has taken the top spot by declaring the highest total dividend of 21.053%.
Hydropower companies listed on the Nepal Stock Exchange (NEPSE) have begun announcing dividend distributions for their shareholders for the current fiscal year. To date, a total of 13 hydropower companies have disclosed their proposed bonus shares and cash dividends.
According to the published details, Mountain Energy Nepal leads the chart in dividend declarations. The company has proposed a total dividend of 21.053%, comprising 20% bonus shares and a 1.053% cash dividend.
The proposed dividend breakdown for the 13 listed hydropower companies is as follows:
- Mountain Energy Nepal: 20% bonus shares and 1.053% cash (Total 21.053%)
- Kutheli Bukhari Small Hydropower: 18% bonus shares and 0.947% cash (Total 18.947%)
- Super Madi Hydropower: Total 15.789% dividend
- Mid Solu Hydropower: Total 15.789% dividend
- Sikles Hydropower: 12.71% bonus shares and 0.669% cash (Total 13.379%)
- Mandu Hydropower: Total 12% dividend
- Snow River Nepal: Total 10.526% dividend
- Vikas Hydropower: Total 10.526% dividend
- United Mardi & RB: Total 5.26% dividend
- Arun Valley Hydropower: Total 5.26% dividend
- Vindyabasini Hydropower: Total 5.2632% dividend
- Sanima Middle Tamor: Total 5.263% dividend
- Barun Hydropower: Total 5% dividend
The proposed dividends will be distributed to shareholders after approval from the respective companies' upcoming Annual General Meetings (AGMs) and regulatory endorsements.