National Life Insurance proposed 30 % Bonus & 8 % Cash Dividend of FY 70/71
Tue, Mar 3, 2015 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, March 3
As per the information received by NEPSE on 2071-11-18 at 4:28 pm, the BOD meeting of the National Life Insurance Company Limited (NLICL) has proposed 30% Stock Dividend (Bonus Share) and 8% Cash Dividend to their shareholders which subject to the approval of Beema Samiti and their upcoming AGM.
Last year National Life Insurance Company Limited (NLICL) had offered 72.5 percent dividend – 55 percent bonus share and 17.5 cash.
National Life Insurance Company Limited has posted net profit of Rs.78.26 million in the 2nd quarter of the current fiscal year 2071/72.
The paid up capital of the insurance company after the approval of the proposed 30% stock dividend will be Rs 101.91 crores from the existing Rs 78.39 crores.
