Salt Trading to distribute dividends

Salt Trading has decided to distribute 30 per cent dividend -- 10 pe cent cash and 20 per cent stock -- to its share holders.
"The decision has to be approved by the Finance Ministry," according to the board of the salt Trading that is listed in the secondary market. It is one of the actively traded shares in the secondary marker and last traded at Rs 307 on February 22.
Salt Trading 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 as of today stands at Rs 76,067,539.
Under trading sub-group's four companies -- Salt trading, Bishal Bazaar, Nepal Trading and Nepal Welfare Company -- a total of 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. Bishal Bazaar saw its shares being traded at Rs 2,936
But Nepal Trading saw its shares being traded last on September 27, 2000 at Rs 56 per unit and Nepal Welfare Company saw its shares being traded last on September 1, 2008 at Rs 95 per unit.
Meanwhile, the Nepse today dropped by 3.18 points to close the market at 361.12 points due to all the six sub-groups traded today ended in red zone.