National Life Insurance Company Proposes 14% Dividend for FY 2079/80
Fri, Jul 12, 2024 10:48 AM on Dividend, Bonus & Rights, NEPSE News, Latest,
National Life Insurance Company Limited (NLICL) has proposed a 14% dividend for the fiscal year 2079/80.
The 526th meeting of the board of directors held on Ashadh 27 decided to distribute the dividend on the paid-up capital of Rs. 5.01 Arba. 4% bonus shares worth slightly over Rs. 20.04 crores and 10% cash dividend (including tax) worth Rs 50.11 crores have been proposed.
The dividend will be distributed only after approval by the Nepal Insurance Authority and endorsement by the company's upcoming AGM. As of writing, NLICL has an LTP of Rs. 581.00.
Dividend History:
