NLG Insurance proposes 21 percent dividend
Mon, Sep 23, 2013 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, Sept 23:
NLG Insurance Company Limited has proposed 21 percent dividend to its shareholders from the net profit it posted in the last fiscal year.
A meeting of its Board of Directors held on Sunday decided to propose 10 percent bonus shares and 11.05 cash dividend.
The proposal is, however, subject to the approval of the Beema Samiti and the Annual General Meeting of the insurance company.
