20 Hydropower Companies Announce Dividends So Far; Who Gave How Much Return to Shareholders?
As of now, 20 hydropower companies have announced dividends for fiscal year 2082/83. Of these, 6 are not listed on NEPSE, while the remaining 14 listed companies will offer a mix of bonus and cash dividends. Shareholders will receive the proposed dividends only after approval by the upcoming annual general meetings.
Kathmandu. So far, 20 hydropower companies have announced dividends for fiscal year 2082/83. These companies have declared dividends to be distributed to shareholders from the profits of the previous fiscal year. The proposed dividends will be distributed to investors only after approval by the companies' upcoming annual general meetings.
The companies that have announced dividends include United Idi Mardi and RB Hydropower, Bikash Hydropower, Sapsu Kalika Hydropower, Mandu Hydropower, Ashutosh Energy, Kabeli Hydropower, Hilton Hydro Energy, Super Madi Hydropower, Snow Rivers, Bindhyabasini Hydropower, Mountain Energy, Barun Hydropower, Sanima Middle Tamor, Ridge Line Energy, Champawati Hydropower, Sikles Hydropower, Kutheli Bukhari Small Hydropower, Super Hewa Power, Mid Solu, and Arun Valley Hydropower Development Company.
Among these, Sapsu Kalika Hydropower, Ashutosh Energy, Kabeli Hydropower, Champawati Hydropower, Super Hewa Power, and Hilton Hydro Energy are not listed on NEPSE.
Dividends of Companies Not Listed on NEPSE
- Sapsu Kalika Hydropower: 5 percent cash dividend
- Ashutosh Energy: 18.9473 percent cash dividend
- Kabeli Hydropower: 16.3158 percent cash dividend
- Hilton Hydro Energy: 20 percent cash dividend
- Champawati Hydropower: 4 percent bonus and 16 percent cash, totaling 20 percent dividend
- Super Hewa Power: 3.1579 percent cash dividend
Dividends of NEPSE-Listed Companies
United Idi Mardi and RB Hydropower has decided to distribute a total dividend of 5.2632 percent of its current paid-up capital for fiscal year 2082/83 from the accumulated profits of the previous fiscal year. This includes 5 percent bonus shares and 0.2632 percent cash dividend for tax purposes.
Bikash Hydropower Company has decided to distribute a total dividend of 10.5263 percent on its current paid-up capital of NPR 909,101,300 for fiscal year 2082/83. This includes bonus shares worth NPR 90,910,130 at 10 percent and cash dividend worth NPR 4,784,600.14 at 0.5263 percent for tax purposes.
Mandu Hydropower has decided to distribute a cash dividend (including tax) of NPR 163,636,440, amounting to a total of 12 percent on its current paid-up capital of NPR 1,363,637,000 from the previous fiscal year's profit. The company has already completed its annual general meeting.
Super Madi Hydropower Limited has announced a bonus share dividend of 15 percent of its current paid-up capital, amounting to NPR 347,287,500, and a cash dividend of 0.78947 percent for tax purposes from the previous fiscal year's profit. The company also completed its annual general meeting on Ashwin 1.
Snow Rivers has proposed a 10 percent bonus share dividend on its current paid-up capital and a 0.5263 percent cash dividend for tax purposes from the previous fiscal year's profit. The company has also completed its annual general meeting to approve the proposal.
Arun Valley Hydropower Development Company has decided to distribute a total dividend of 5.263 percent on its current paid-up capital of NPR 4,040,403,150 from the previous fiscal year's profit and accumulated profits. This includes 5 percent bonus shares and 0.263 percent cash dividend for tax purposes. The annual general meeting has also been completed.
Bindhyabasini Hydropower Development Company has announced a 5 percent bonus share dividend on its current paid-up capital. To approve the proposal, the company has decided to hold its tenth annual general meeting on Kartik 18, Wednesday, at Anmol Banquet, Shankhamul, Kathmandu. The meeting will begin at 9:30 AM.
Mountain Energy has decided to distribute a total dividend of 21.05263 percent of its current paid-up capital to shareholders from the previous fiscal year's profit. This includes 20 percent bonus shares and 1.05263 percent cash dividend for tax purposes. The company has decided to set Kartik 10 as the book closure date for dividend and AGM purposes. This means shareholders holding shares before Kartik 10 will be eligible to receive the dividend and participate in the meeting.
Barun Hydropower Company has announced a dividend for the previous fiscal year, with detailed information to be made public in the coming days.