Today is the last day to grab the 10.53% dividend of National Life Insurance Company Limited (NLICL).
National Life Insurance Company Limited (NLICL) has called its 32nd AGM on Magh 15, i.e., January 28. The meeting will be organized in the company's central office in Lazmipat, Kathmandu, starting from 10:30 am that day. The meeting will be streamed virtually for investors.
Among other agendas, the AGM will endorse the dividend for the fiscal year 2075/76. The insurance company has proposed a 10.53% dividend for the fiscal year 2075/76. The insurance company’s 440th meeting of the board held on Poush 09 has proposed a 0.53% cash dividend for tax purposes and 10% bonus shares from the existing paid-up capital. The paid-up capital of the company is Rs. 3.08 Arba.
The book closure date is on Magh 2. NEPSE will observe Maghi Parva tomorrow and remain closed for the day. This means that today is the last trading day before the book closure of NLICL. Thus, investors maintained till today are entitled to the dividend payout and can also attend the AGM.