SuryaJyoti Life Insurance Proposes 13% Cash Dividend for FY 2081/82

SuryaJyoti Life Insurance Company Limited (SJLIC) has proposed a 13% cash dividend for the fiscal year 2081/82.

The 411th board of directors meeting on Poush 04 decided to distribute the dividend on the paid-up capital of Rs. 5.01 Arba. A 13% cash dividend (for tax purposes) has been proposed. Thus, the cash dividend (including for tax purposes) is worth Rs. 65.15 Crores.

The dividend will be distributed only after approval by the Nepal Insurance Authority and endorsement by the company's upcoming AGM.

SJLIC closed at Rs. 477.10.