Nepal Insurance Announces 15.079 Percent Dividend

Nepal Insurance Company Limited has announced a dividend distribution for its shareholders from the profits of the fiscal year 2080/81 (2023/24). The decision was made during the board of directors' meeting held on Falgun 24, which resolved to distribute a total of 15.079 percent dividend. This includes 15 percent bonus shares and 0.79 percent cash dividend (for tax purposes on the bonus shares) based on the company’s current paid-up capital.

The proposed dividend will be distributed to shareholders after approval from the Nepal Insurance Authority and ratification at the company’s annual general meeting. This move reflects the company’s financial strength and commitment to its investors.