Prime Life Insurance Company Proposes 13% Dividend for Fiscal Year 2077/78: How much in Bonus Shares and Cash?

Prime Life Insurance Company Limited (PLIC) has proposed a 13% dividend for the fiscal year 2077/78.

The 162nd meeting of the board of directors held on Kartik 02 has proposed a 13% bonus shares and cash dividend from the paid-up capital of Rs. 2.77 Arba for the fiscal year 2077/78. Thus, 13% bonus shares amounting to Rs. 36,13,50,05 and cash dividend amounting Rs. 1,90,18,422 will be distributed for tax purpose.

Note that the dividend will only be distributed after approval by Beema Samiti and endorsement by the company's upcoming AGM.

As of writing, the LTP of the company on the last trading day stands at Rs. 569.

Dividend History: