NLG Insurance Company Limited Proposes 7.3684% Dividend for FY 2081/82
Summary
NLG Insurance Company Limited has proposed a 7.3684% dividend for fiscal year 2081/82, including 4% bonus shares and 3% cash dividend, pending regulatory and AGM approval.
Key Points
- NLG Insurance Company Limited proposed a 7.3684% dividend for fiscal year 2081/82.
- The board decided on 4% bonus shares worth over Rs. 10.26 crores and a 3% cash dividend totaling Rs. 7.69 crores.
- An additional 0.3684% cash dividend amounting to Rs. 94.50 lakhs was proposed to cover tax on bonus shares and cash dividend.
- Dividend distribution awaits approval from Nepal Insurance Authority and endorsement by the company's AGM.
