H8020 Himalayan 80–20 Fund Declares 16.16% Cash Dividend

H8020 Himalayan Mutual Fund’s first closed-end scheme “Himalayan 80–20”, promoted by Himalayan Bank Limited and managed by Himalayan Capital Limited, has announced an attractive cash dividend for the fiscal year 2081/82.

The 74th Board of Directors’ meeting of Himalayan Capital Limited held on Bhadra 13 decided to distribute a 16.16% cash dividend from the scheme’s profit to its unit holders, equivalent to NPR 161.6 million including tax.

According to the company, this dividend is 6% higher than the scheme’s initial projection and matches the expected Internal Rate of Return (IRR). The fund had also distributed a higher-than-projected dividend in the previous fiscal year, earning a strong reputation among investors as a lucrative short-term investment opportunity.

Himalayan Capital further stated that it is preparing to launch an open-ended scheme in the near future, while assuring investors that the Himalayan 80–20 Fund will continue to provide attractive returns in the coming years without disappointing its unit holders.