National Life Insurance Company Proposes 14.5% Dividend for FY 2078/79
Sun, Apr 16, 2023 10:03 AM on Dividend, Bonus & Rights, Latest,
National Life Insurance Company Limited (NLICL) has proposed a 14.5% dividend for the fiscal year 2078/79.
The 495th meeting of the board of directors held on Chaitra 30 decided to distribute the dividend on the paid-up capital of Rs. 4.64 Arba. 8% bonus shares worth slightly over Rs. 37.12 crores and 6.5% cash dividend (including tax) worth Rs 30.16 crores have been proposed.
The dividend will be distributed only after approval by the Nepal Insurance Authority and endorsement by the company's upcoming AGM. As of writing, NLICL has an LTP of Rs. 584.
Dividend History:
