United Power Generation and Distribution Company Limited declared 155 per cent dividend for the year ended on June 30, 2020.
The board of directors proposed the dividend at a meeting recently.
Of the 155 per cent dividend, 145 per cent was cash dividend and 10 per cent was stock dividend.
The company set the record date on November 11 for the entitlement of the dividend.
The company would hold the annual general meeting on December 20 to get the share-holders approval regarding dividends and financial statements.