IME Life New

Himalayan Reinsurance announces dividend

SPIL
Global College
Nepal Life New

Kathmandu. Himalayan Reinsurance FY 2080. Dividend has been announced for 81.

A meeting of the board of directors of the company held on May 29 decided to distribute a total dividend of 4.74 percent of the current paid-up capital of Rs 10.4 0 billion from the distributable profit of that fiscal year. Of this, 4.5 percent is a bonus share of Rs 468 million and a cash dividend of Rs 24.63 million for tax purposes of 0.24 percent.

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According to the company, the proposed dividend will be distributed to the shareholders after approval from the Nepal Insurance Authority after approval from the upcoming Annual General Meeting.

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