Kathmandu. National Life Insurance Company is one of the leading life insurance companies in Nepal. Since its inception, National Life has been able to pay nearly one thousand percent dividend. This is considered to be a rare and exemplary achievement in the life insurance sector of Nepal.
The company is in the financial year 2046. It has been distributing dividends to shareholders since 47 years. The company distributed 10 percent cash dividend in the fiscal year 2020. In 2016, it distributed the highest dividend of 126.32 percent in its history. The company distributed 120 percent bonus shares and 6.32 percent cash dividend to its shareholders.
Since the inception of the dividend, the company has distributed 566% bonus shares and 421.70% cash dividend.
Fiscal Year 2081. The company is issuing a total dividend of 13.16 percent including 4 percent bonus shares and 9.16 percent cash dividend through its annual general meeting to be held on January 15.
FY 2062. 63 Bonus Shares Added
}
The company is in the financial year 2046. Dividend distribution started from FY 47 in FY 2059. There seems to be a lot of emphasis on cash dividends up to 60. During this period, the company has a fiscal year 2050. 50% bonus shares were distributed in 51 years. For the rest of the year, the company distributed only cash dividends. FY 2062. After 63 years, the company seems to have included bonus shares in every dividend.
Three Year Dividend Over Hundred Percent
}
In the company’s dividend history, the company has distributed more than one hundred percent dividend in three financial years. FY 2059. The company had distributed 100 percent cash dividend in 2010. Similarly, the fiscal year 2062. The company distributed 126.32 percent dividend including 120 percent bonus shares and 6.32 percent cash dividend. The next fiscal year is 2063. The company distributed 105.26 percent dividend including 100 percent bonus shares and 5.26 percent cash dividend.
