Kathmandu. Sanima GIC Insurance for the financial year 2081. The company has declared a dividend for 82 years.
The meeting of the Board of Directors of the company held on Friday has proposed to distribute 5.2632 percent dividend out of the current paid-up capital of Rs 2.15 billion from the distributable profit of the current fiscal year. Out of this, 5 percent will have bonus shares worth Rs 107.55 million and cash dividend of 0.2632 percent for tax purposes.
The proposed dividend will be approved by the upcoming Annual General Meeting (AGM) after approval from Nepal Rastra Bank.
