Salt Trading Corporation Ltd (STC) has decided to distribute 30 per cent dividend, 10 per cent cash and 20 per cent stock to its share holders.
The decision has to be approved by the Finance Ministry. STC is listed in the secondary market. It is one of the actively traded stocks in the secondary marker and last was trading at Rs 307 on February 22.
STC has listed 247,777-unit shares at Rs 100 paid up value per unit making a total of Rs 24,777,700 listed paid-up value. Its market capitalisation is worth Rs 76,067,539.
Under ‘trading sub-group’s four companies — Salt trading, Bishal Bazaar, Nepal Trading and Nepal Welfare Company — 830,177-unit shares are listed. Of the four, Salt Trading and Bishal Bazaar have Rs 100 paid up value per unit share of each company whereas the remaining two has Rs 50 paid up value making the total paid up value of Rs 78,467,700 of the four. Bishal Bazaar and Salt Trading are the actively traded shares in the secondary market. Meanwhile, Nepse today dropped by 3.18 points to close at 361.12 points thanks to all the six sub-groups traded today ended in r
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