United Idi Mardi and RB Hydro Power Limited has announced a dividend proposal from its fiscal year 2024/25 profits. At a board meeting held on December 12, the company proposed distributing 5% bonus shares along with a 0.26% cash dividend for tax purposes. This marks an increase from last year’s payout of 4% bonus shares and a 0.211% cash dividend. On Monday, the company’s shares were trading at Rs 557. The dividend will be distributed after approval at the forthcoming general meeting.
