BNP Paribas Dividend Yield Fund declares dividend
BNP Paribas Dividend Yield Fund announces dividend, for which the record date for dividend is October 28, 2013.
October 24, 2013 / 11:07 AM IST
BNP Paribas Mutual Fund has announced dividend under regulare and direct plan of BNP Paribas Dividend Yield Fund. The record date for declaration of dividend is October 28, 2013.
The amount of dividend under each plan will be Rs 0.08 per unit on the face value of Rs 10 per unit.
BNP Paribas Dividend Yield Fund is and open-ended equity scheme. The investment objective of the scheme is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks. High dividend yield stocks are defined as stocks of companies that have a dividend yield in excess of 0.5 %, at the time of investment.