Prabhu Insurance Company Proposes 5% Dividend for FY 2079/80
Mon, Mar 4, 2024 9:59 AM on Dividend, Bonus & Rights, Latest,
Prabhu Insurance Company Limited (PRIN) has proposed a 5% dividend for the fiscal year 2079/80.
The 433rd meeting of the board of directors held on Falgun 20 decided to distribute the dividend on the paid-up capital of Rs. 1.37 Arba. 4.75% bonus shares worth Rs 6.53 crores and 0.25% cash dividend (for tax) worth slightly over Rs 34.40 lakhs 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, PRIN has an LTP of Rs. 739.90.
Dividend History:
