Prabhu Mahalaxmi Life Insurance Company Proposes 8.421% Dividend
Summary
Prabhu Mahalaxmi Life Insurance Company Limited has proposed an 8.421% dividend for the fiscal year 2081/82, including a 4% bonus share and a 4.421% cash dividend, pending regulatory and AGM approval.
Key Points
- Prabhu Mahalaxmi Life Insurance Company Limited proposed an 8.421% dividend for fiscal year 2081/82.
- The Board of Directors decided to distribute a 4% bonus share and a 4.421% cash dividend (including tax).
- The dividend proposal awaits approval from the Nepal Insurance Authority and the upcoming AGM.
- The company's last trading day's closing price was Rs. 502.00.
