The National Life Insurance Company proposes a 14.5% dividend for the fiscal year 2078/79

The National Life Insurance Company proposes a 14.5% dividend for the fiscal year 2078/79.

For the fiscal year 2078–2079, National Life Insurance Company Limited (NLICL) has recommended a dividend yield of 14.5%.

The dividend on the paid-up capital of Rs. 4.64 Arba was resolve to distribute at the 495th meeting of the board of directors, which was place on Chaitra 30. There have been proposed 8% bonus shares worth little more than Rs. 37.12 crores and a 6.5% cash dividend (including tax) of Rs. 30.16 crores.

Only after receiving the OK from the Nepal Insurance Authority and the forthcoming AGM of the firm will the dividend be paid out. NLICL’s LTP as of this writing is Rs. 584.

The National Life Insurance Company proposes a 14.5% dividend for the fiscal year 2078/79.

For the fiscal year 2078–2079, National Life Insurance Company Limited (NLICL) has recommended a dividend yield of 14.5%.

The dividend on the paid-up capital of Rs. 4.64 Arba was resolve to distribute at the 495th meeting of the board of directors, which was place on Chaitra 30. There have propose 8% bonus shares worth little more than Rs. 37.12 crores and a 6.5% cash dividend (including tax) of Rs. 30.16 crores.

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