National Life Insurance Company Proposes 12.5% Dividend for FY 2081/82; How Much in Bonus Shares and Cash?

Summary

National Life Insurance Company Limited has proposed a 12.5% dividend for fiscal year 2081/82 including 4% bonus shares and an 8.5% cash dividend, pending regulatory approvals.

Key Points
  • National Life Insurance Company Limited proposed a 12.5% dividend for fiscal year 2081/82.
  • The dividend distribution includes a 4% bonus share and an 8.5% cash dividend.
  • The bonus shares valued at approximately Rs. 21.89 crores, and cash dividend totals Rs. 46.51 crores.
  • A 0.65789474% cash dividend worth Rs. 3.60 crores is proposed to cover the tax on dividends and bonus shares.
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