Dividend History Of Nepal Telecom (NTC)
Nepal Telecom (NTC) has established a commendable track record in providing returns to its shareholders over the last 15 fiscal years. With an average annual dividend of 45.133%, investors have consistently benefited from NTC’s financial performance. In the span of these 15 fiscal years, NTC has distributed a remarkable total dividend of 677% to its shareholders. A notable aspect of NTC’s dividend history is its consistency, as the company has been delivering returns in the form of cash dividends for 15 consecutive years.
Breaking away from the conventional cash dividend, In the fiscal year 2077/78, NTC distributed 20% bonus shares in addition to a 20% cash dividend to its shareholders. The Government of Nepal has also proposed plans to sell its 22% shares of Nepal Telecom to customers subscribers using its service.
In the latest update, Nepal Telecom (NTC) has announced to distribute 40% cash dividend to its shareholders for the fiscal year 2079/80.
Dividend History Of Nepal Telecom (NTC)
Reviewing dividend history is a crucial step in evaluating a company’s financial health, management strategy, and its potential for providing returns to investors. So, we have listed here the dividend history of Nepal Telecom (NTC) since FY 2065/66.
| Fiscal Year | Bonus Share (%) | Cash Dividend (%) | Total Dividend (%) |
|---|---|---|---|
2079/80 | - | 40 | 40 |
2078/79 | - | 40 | 40 |
2077/78 | 20 | 20 | 40 |
2076/77 | - | 40 | 40 |
2075/76 | - | 45 | 45 |
2074/75 | - | 55 | 55 |
2073/74 | - | 55 | 55 |
2072/73 | - | 51 | 51 |
2071/72 | - | 50 | 50 |
2070/71 | - | 47 | 47 |
2069/70 | - | 46 | 46 |
2068/69 | - | 48 | 48 |
2067/68 | - | 45 | 45 |
2066/67 | - | 40 | 40 |
2065/66 | - | 35 | 35 |
About the Company
Nepal Telecom (NTC) was formally established as a fully owned Government Corporation called Nepal Telecommunications Corporation in 2032 B.S. Later in 2061 B.S, the company was transformed into Nepal Doorsanchar Company Limited and is know by the brand name “Nepal Telecom” (NTC). It is the leading telecommunication service provider of Nepal with market share of more than 50% in voice and data.
Nepal Telecom has 180,000,000 units shares listed in Nepal Stock Exchange (NEPSE) and is traded as NTC.
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