Reminder! Last Trading Day to Secure Dividend of Citizen Life Insurance Company
Thu, Jan 11, 2024 7:40 AM on Dividend, Bonus & Rights, AGM/Special AGM, Book Closure, Latest,
Today is the last day to grab the 5.2632% dividend proposed by Citizen Life Insurance Company Limited (CLI).
The company called its 7th AGM on 14th Magh, 2080. The meeting will be held in Amrapali Banquet, Naxal, Kathmandu, starting at 11 AM that day.
The 97th meeting of the board of directors held on Poush 16 has proposed a 5.2632% dividend for the fiscal year 2079/80. 5% bonus shares and 0.2632% cash dividends have been proposed. Thus, the bonus shares are worth Rs. 18.75 crores, and the cash dividend (including tax) is worth Rs. 98.68 lakhs. The company's existing paid-up capital is Rs. 3.75 Arba.
Poush 29 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can attend this AGM.
