Last Day to Grab 10.53% Dividend of Prabhu Insurance (PRIN)

Today is the last day to grab the dividend of Prabhu Insurance Limited (PRIN).

The company has called its 25th AGM on 6th Jestha, 2078. The AGM will be held in the company's office in Tinkune, Kathmandu, starting at 11 am that day.

Among other agendas, the AGM will endorse the 10.53% dividend for the fiscal year 2076/77. The 387th meeting of the board of directors held on Magh 29 has decided to distribute 10% bonus shares and 0.53% cash dividend (for tax purposes) from the paid-up capital. The bonus shares are worth Rs. 10,56,27,484 and the cash dividend amounts to Rs. 55,59,341.

Baisakh 26 is declared the book closure date for the AGM. Since today is the last trading day before the books are closed, investors maintained till today are entitled to the dividend payout and can also attend the AGM. Books will be closed from Baisakh 26 till the book closure date.

As of writing, PRIN has an LTP of Rs. 970.