Nepal Life Insurance Proposes 21.05% Dividend for FY 2080/81
2025-01-12
Nepal Life Insurance Company Limited (NLIC) has announced a 21.05% dividend totaling Rs. 1.72 Arba for the fiscal year 2080/81.
During the 388th board of directors meeting held on Poush 26, the company decided to allocate an 11.05% cash dividend (including tax) and 10% bonus shares. NLIC's current paid-up capital stands at Rs. 8.20 Arba.
The proposed dividend is pending approval from the Nepal Insurance Authority and the upcoming Annual General Meeting (AGM).
At the time of this announcement, NLIC's stock closed at Rs. 782.00.
