Nepal Life Insurance Company Limited (NLIC) Proposes 51% Dividend for FY 2075/76; How much in bonus shares and cash?
Tue, Dec 22, 2020 6:45 PM on Dividend, Bonus & Rights, Stock Market, Latest,
Nepal Life Insurance Company Limited (NLIC) has proposed a 51% dividend for the fiscal year 2075/76.
The bank's 311th meeting of the board held on Poush 07 has proposed a 20% cash dividend and 31% bonus shares from the existing paid-up capital. The paid-up capital of the company is Rs. 5.49 arba.
This decision is subject to approval from the Beema Samiti after which it will be endorsed in the AGM of the company. As of writing, the LTP of the insurance company stands at Rs. 2351.
Dividend History:
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