Asian Life Insurance Company Proposes 10.5263% Dividend for FY 2081/82; How Much in Bonus Shares and Cash?
Summary
Asian Life Insurance Company Limited proposes a 10.5263% dividend for fiscal year 2081/82, including 5% bonus shares and a 5.5263% cash dividend, subject to regulatory approval.
Key Points
- Asian Life Insurance Company Limited (ALICL) has proposed a 10.5263% dividend for fiscal year 2081/82.
- The dividend comprises 5% bonus shares worth Rs. 25 crores and a 5.5263% cash dividend worth Rs. 27.63 crores.
- The existing paid-up capital of ALICL is Rs. 5 Arba.
- Dividend approval is pending from the Nepal Insurance Authority and the upcoming AGM.
