Taragaon Regency announces dividend

KATHMANDU, Dec 08:Taragaon Regency has announced an 11% dividend.

The company's board of directors meeting decided to give shareholders an 11 percent cash dividend, excluding taxes. The company is also scheduling an annual general meeting on January 9.

In the previous fiscal year, the company gave out 11% cash and 4% bonus shares. The company's share price is around Rs 1,200 per share.