Asian Life Insurance Declares Dividend

Asian Life Insurance Company Limited (ALICL) has announced dividend distribution from the profit of the last fiscal year. According to the decision made during the board meeting held on Jestha 25, the company will distribute a 5.10% bonus share to its shareholders along with a 0.2684% cash dividend for tax purposes.

The proposed dividend will be distributed only after it receives approval from the Insurance Board and is endorsed by the upcoming Annual General Meeting (AGM) of the company