Kathmandu. Life Insurance Corporation of Nepal (LIC) has declared a cash dividend to its shareholders from the profit of the last fiscal year. KATHMANDU: Nepal Insurance Company has declared 21.05 percent cash dividend on its current paid-up capital.
The meeting of the Board of Directors of the insurance company held on December 22 has decided to distribute the dividend at this rate. The dividend will be distributed after approval from the Nepal Insurance Authority and endorsed by the upcoming Annual General Meeting.
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