Sagarmatha Insurance Company (SIC) Proposes 11.5789% Dividend for FY 2076/77

Wed, May 19, 2021 10:37 AM on Dividend, Bonus & Rights, Latest,

Sagarmatha Insurance Company Limited (SIC) has proposed an 11.5789% dividend for the fiscal year 2076/77.

The 300th meeting of the board of directors held on Jestha 04 has decided to distribute 11% bonus shares and 0.5789% cash dividends for tax purposes for the fiscal year.

As of writing, the company has an LTP of Rs. 1,777. Sagarmatha Insurance Company Limited has posted a net profit of Rs 285.46 million in the 3rd quarter of the fiscal year 2077/78.