Siddhartha Premier Insurance Proposes 11% Cash Dividend for FY 2079/80
Mon, Feb 5, 2024 10:21 AM on Dividend, Bonus & Rights, Latest,
Siddhartha Premier Insurance Limited (SPIL) has proposed an 11% cash dividend worth Rs. 30.87 Crores for the fiscal year 2079/80.
The 19th meeting of the board of directors held on Magh 21 has decided to distribute an 11% cash dividend (including tax). The cash dividend is worth Rs. 30.87 crores. The existing paid-up capital of SPIL is Rs. 2.80 Arba.
The dividend is subject to approval from the Nepal Insurance Authority, and the upcoming AGM.
As of writing, SPIL has its last trading day's closing at Rs. 716.80.
