Dividend history of Insurance Companies for the last two years; NLIC tops the list

ShareSansar September 1:

Out of all Life Insurance Companies, Nepal Life Insurance Company Limited (NLIC)  is the highest dividend paying company.

Nepal  Life Insurance Company Limited (NLIC) has established itself as a company which pays high dividends. From the profit of fiscal year 2070/71 NLIC has provided its shareholders with a total dividend of 68 percent, whereas from the profit of fiscal year 2069/70 the company issued a total dividend of 98.50 percent.

National Life Insurance Company Limited (NLICL) has provided its shareholders with 38 percent  dividend from the profit of fiscal year 2070/71 and 72.50 percent dividend from the profit of fiscal year 2069/70.

Life Insurance Corporation Nepal Limited (LICN) has provided a its shareholders with a total dividend of 31.58 percent and  30 percent of the net  profit for fiscal year 2070/71 and 2069/70 respectively.

Asian Life Insurance Company Limited (ALICL) has provided a dividend of 28.50 percent, whereas the company has not provided any dividend for the fiscal year 2069/70.

Guras Life Insurance Company Limited (GLICL) needs to hold its AGM for the fiscal year 2070/71. It did not provide any dividend for the fiscal year 2069/70.

Surya Life Insurance Company Limited (SLICL) has not provided any dividend for the fiscal year 2069/70 and 2070/71.

Prime Life Insurance Company Limited (PLIC) has not been able to hold its AGM for the last two fiscal year 2069/70 and 2070/71.

Here is the dividend history of Insurance Companies for the last two fiscal years.

Rastriya Beema Sansthan and Metlife American Life Insurance Company Limited have not floated their IPO for the general public.