Last Day to Secure Dividends from Nabil Balanced Fund - 2 and Nabil Balanced Fund III
Today is the final trading day for unitholders to secure dividends from Nabil Balanced Fund - 2 (NBF2) and Nabil Balanced Fund III (NBF3). The funds will distribute 3.5% and 2.5% cash dividends, respectively, for fiscal year 2082/83.
Kathmandu — Today marks the last trading day for unitholders to secure the proposed dividends from Nabil Balanced Fund - 2 (NBF2) and Nabil Balanced Fund III (NBF3).
The 131st meeting of the board of directors of Nabil Investment Banking Limited, held on Bhadra 18, decided to distribute a 3.5% dividend (including tax) worth Rs. 3.92 Crore to unitholders of Nabil Balanced Fund - 2 (NBF2) and a 2.5% cash dividend (including tax) worth Rs. 3.12 Crore to unitholders of Nabil Balanced Fund III (NBF3) for the fiscal year 2082/83.
Both NBF2 and NBF3 are closed-end mutual funds with a 10-year maturity period. They are sponsored by Nabil Bank Limited and managed by Nabil Investment Banking Limited.
The book closure date was 7th Ashwin. Therefore, unitholders who maintained their units until the 6th Ashwin are entitled to the dividend payout.