Kathmandu. National Life Insurance has announced dividend. The company fy 2080. It has proposed a dividend to be paid to its shareholders from the profit of Rs 81. A meeting of the board of directors of the company held on May 29 decided to distribute 15 percent dividend including 5 percent bonus share and 10 percent cash dividend of the existing paid-up capital.
The company has said that the cash dividend will be adjusted at the rate of 0.789473 percent for the purpose of tax on the proposed cash dividend and bonus shares.
The proposed dividend will be distributed after approval from the Nepal Insurance Authority (NEA) and approved by the company’s upcoming annual general meeting.
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