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Dividend announced by a dozen insurance companies, how much?

nabil bank

. A total of 12 insurance companies have declared dividend from the profit of the last fiscal year. A total of 12 insurance companies, including life and non-life insurance companies, have declared dividends to their shareholders.

TAG_OPEN_div_28 7 companies under life insurance companies have declared dividends. Nepal Life Insurance Company (NLIC) has declared the highest dividend. The company has proposed 5% bonus shares and 16.05% cash dividend.

Similarly, Sun TAG_OPEN_div_26 Nepal Life Insurance Company is the second life insurance company to declare the highest dividend so far. The company has declared 5% bonus and 15.2632% cash dividend to its shareholders.

Citizen Life Insurance Company has declared 20% cash dividend while IME Life Insurance has declared 10.5263% cash dividend.TAG_OPEN_div_24 Similarly, National Life Insurance Company has proposed 12.5% cash dividend and 4 percent bonus share.

Sanima Reliance Life Insurance Company has declared a 10.178% cash dividend to its shareholders.TAG_OPEN_div_22 Prabhu Mahalaxmi Life Insurance Company has proposed 4.421% cash dividend and 4.421% dividend.

Similarly, five non-life insurance companies have announced dividends to be distributed to shareholders from the profit of the last financial year.TAG_OPEN_div_20 Siddhartha Premier Insurance Company has proposed 25% cash dividend on its shareholders.

The company will not distribute bonus shares. Similarly, Sagarmatha Lumbini Insurance has declared 15% cash dividend without issuing bonus shares. Nepal Insurance Company (NIC) has proposed 6.3158% cash dividend to its shareholders.

Similarly, IGI Prudential Insurance Company has decided to pay 5% cash dividend.TAG_OPEN_div_16 Similarly, Shikhar Insurance Company has proposed 6.3158% dividend which includes 6% bonus share and 0.3158% cash dividend.

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