Urja Khabar
Kathmandu: A total of 17 hydropower companies listed on the Nepal Stock Exchange (NEPSE) have announced dividends for their shareholders as of Saturday, the day before the Tihar public holidays began. Nine of these companies have declared dividends exceeding 10 percent.
Mountain Energy has announced the highest dividend payout of 21.05 percent, based on its profits from the last fiscal year. The payout comprises 20 percent bonus shares and 1.05 percent cash dividend to cover applicable tax liabilities.
Similarly, Kutheli Bukhari Small Hydropower has declared an 18.95 percent dividend for its shareholders. Mid Solu Hydropower and Super Madi Hydropower have each announced a dividend of 15.79 percent, comprising 15 percent bonus shares and 0.79 percent cash dividends.
Makar Jitumaya Suri Hydropower has declared a 13.68 percent dividend, while Sikles Hydropower has announced a payout of 13.38 percent.
Mandu Hydropower has announced a 12 percent cash dividend. Meanwhile, Snow Rivers and Bikas Hydropower have each declared dividends of 10.53 percent.
The remaining eight hydropower companies have announced dividends of less than 10 percent.
