If you are looking at the Citizen Investment Trust (CIT) Dividend History, it seems very nice for the CIT shareholders.
In this
article, you will see the CIT dividend history of all years starting from the
Nepal fiscal year 2067/2068.
Before
jumping into the CIT dividend history, let’s understand a little bit about
Citizen Investment Trust (CIT).
Brief About Citizen Investment Trust (CIT)
Citizen
Investment Trust (CIT) is popularly known as Nagarik Lagani Kosh in Nepali
script.
Citizen Investment Fund (CIT) stands as the cornerstone of Nepal's financial sector, providing stability and investment opportunities to citizens since its inception.
Over the years, CIT has maintained a strong presence, serving as a trusted institution that facilitates long-term financial growth for investors.
Established in 2047 (1991 AD) under Citizen Investment Fund Act, CIT works under the purview of Government of Nepal.
Formally, CIT became operational in 1992.
Its primary objective revolves around promoting a savings culture and providing a platform for citizens to invest in various financial instruments including stocks, bonds and debentures.
CIT's mission focuses on promoting the habit of saving among Nepalese citizens and converting these savings into productive investments.
For more details, you can also visit the website of CIT which is Nagarik Lagani Kosh (nlk in short).
Through prudent financial management and strategic investment decisions, CIT strives to generate adequate returns for its investors while contributing to the economic development of Nepal.
In
the establishment of CIT, various investing stakeholders were involved.
The
major shareholders of CIT are as follows:
Rastriya
Beema Sansthan: 27%
Nepal
Rastra Bank: 13%
Nepal
Government: 10%
Nepal
Stock Exchange: 10%
Bank/
Finances: 20%
General
Public: 20%
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CIT Dividend History: Reflecting Stability and Growth
Citizens
Investment Trust dividend history paints a picture of stability and consistent
growth.
Investors
have seen a track record of regular dividends, demonstrating the trust's
commitment to delivering returns on investment.
The
history of these dividends reflects CIT's financial health, market performance
and overall economic outlook.
While
specific dividend data varies from year to year based on many factors such as
market conditions, investment performance, and economic trends, CIT remains
steadfast in its efforts to reward investors through dividends.
Dividend
payments by CIT are affected by various factors, including the Trust's
financial performance, investment portfolio returns, and prevailing market
conditions.
CIT's ability to generate profits from its investments directly affects the
dividends distributed to its investors.
Finally,
Citizen Investment Trust occupy a prominent place in Nepal's financial
landscape by developing a culture of savings and investment among its citizens.
Its
dividend history indicates not only financial returns but also a commitment to
stability and the financial well-being of investors.
As
investors seek opportunities for sustainable financial growth, CIT remains a
reliable institution, constantly evolving and adapting to ensure favorable
returns on investment.
Specific dividend figures can be found in annual reports and financial statements, but the overall story is one of stability, growth and commitment to Nepal's economic prosperity.
Focusing
on the CIT Dividend History, it is good to know that the lowest dividend is 17.89%
and the highest is 52.63% until 2023.
Here
is the table below which shows the exact data of CIT dividend history.
Fiscal Year |
Total |
Bonus % |
Cash % |
2078/2079 |
26.32% |
25.00% |
1.32% |
2077/2078 |
31.58% |
30.00% |
1.58% |
2076/2077 |
17.89% |
9.00% |
8.89% |
2075/2076 |
23.16% |
22.00% |
1.16% |
2074/2075 |
23.16% |
22.00% |
1.16% |
2073/2074 |
23.22% |
22.06% |
1.16% |
2072/2073 |
23.16% |
22.00% |
1.16% |
2071/2072 |
23% |
21.85% |
1.15% |
2070/2071 |
41.84% |
35.00% |
6.84% |
2069/2070 |
52.63% |
50.00% |
2.63% |
2068/2069 |
38.89% |
38.89% |
0.00% |
2067/2068 |
35.00% |
38.89% |
0.00% |
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