Kathmandu. So far, 19 insurance companies have declared dividend for the financial year 2081/82. So far, 11 life insurance companies and eight non-life insurance companies have declared dividends. These companies have announced the results of the distribution to their shareholders from the profits of the last financial year.
Similarly, Surya Jyoti Life Insurance, Reliable Nepal Life Insurance, LIC Nepal, National Life Insurance, Sanima Life Insurance, Prabhu Mahalaxmi Life, Sun Nepal Life Insurance, IME Life Insurance, Nepal Life Insurance and Citizen Life Insurance haveTAG_OPEN_span_88 declared dividend for life insurance.TAG_CLOSE_strong_113 TAG_OPEN_strong_113 TAG_CLOSE_span_89TAG_OPEN_span_89 The insurance companies areTAG_CLOSE_strong_112 TAG_OPEN_strong_112 TAG_CLOSE_span_88 Himalayan Life, NLG Insurance, Nepal Insurance, Sagarmatha Lumbini Insurance, Shikhar Insurance, Siddhartha Premier Insurance, and IGI Prudential Insurance.
Non-Life Insurance Company
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Neco Insurance
The company is in the financial year 2081. The company has declared a dividend for 82 years. The company has decided to distribute 15.7894 percent dividend of its current paid-up capital from the profit of the last FY. This includes 3% bonus shares and 12.7894% cash dividend.
Siddhartha Premier Insurance
The company has decided to distribute 25% dividend on its current paid-up capital from the profit of the last fiscal year. The company has decided to distribute 25 percent cash dividend. The insurance company has completed its 32nd Annual General Meeting.
IGI Prudential Insurance
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The company has declared a dividend of 5% of its current paid-up capital from the profit of the last FY. The company has decided to distribute 5 percent cash dividend. The company has already completed its AGM.
Nepal Insurance
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The company has declared a total dividend of 6.3158% to its shareholders from the profit of the last FY. The company will distribute 6.3158 percent cash dividend. The insurance company has completed its 77th Annual General Meeting.
Shikhar Insurance Company
The company has declared a total dividend of 6.3158% to its shareholders from the profit of the last FY. The company has decided to distribute 6 percent bonus shares and 0.3158 percent cash dividend for tax purposes. The insurance company has completed its 21st Annual General Meeting (AGM).
Sagarmatha Lumbini Insurance Company
The company has announced a 15% dividend to its shareholders from the profit of the last FY. The company has decided to distribute 15 percent cash dividend. Salico has completed its 29th Annual General Meeting.
Himalayan Everest Insurance
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The company has decided to distribute 8% dividend to its shareholders from the profit of the last financial year. The company will pay 8 percent cash dividend. The insurance company has decided to hold its 32nd Annual General Meeting (AGM) on January 22. The company has already closed the book.
NLG Insurance Company
The company has decided to distribute a total dividend of 7.3684 percent to its shareholders from the profit of the last FY. The company will provide 4 percent bonus share and 3.3684 percent cash dividend for dividend tax purposes. The company has completed its 20th Annual General Meeting.
Companies declaring dividends towards life insurance
Asian Life Insurance
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The company has decided to provide 10.5263 percent dividend which includes 5 percent bonus shares and 5.5263 percent cash dividend (including tax) from the distributable profit of the last FY.
IME Life Insurance
The company has declared a dividend of 10.5263 percent of its current paid-up capital from the profit of the last FY. The company has decided to distribute 10.5263 percent cash dividend. The company has already completed its AGM.
Nepal Life
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The company has decided to distribute 21.05 percent dividend on its paid-up capital from the profit of the last FY. The company has decided to distribute 21.05 percent cash dividend including 5 percent bonus shares and tax on dividends. The company has completed its 26th Annual General Meeting.
Citizen Life
The company has decided to distribute 20 percent dividend on its paid-up capital from the profit of the last FY. The company will distribute 20 percent cash dividend. The company has already completed its AGM.
Sun Nepal Life
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The company has announced a total dividend of 20.2632 percent to its shareholders from the profit of the last FY. The company has decided to distribute 5 percent bonus shares and 15.2632 percent cash dividend for tax purposes. The company has already completed its AGM.
National Life
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The company has announced a total dividend of 12.5 percent to its shareholders from the profit of the last FY. The company has decided to distribute 4 percent bonus shares and 8.5 percent cash dividend for tax purposes. The company has completed its 38th Annual General Meeting.
Sanima Reliance Life
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The company has declared a total dividend of 10.178 percent to its shareholders from the profit of the last FY. The company has decided to distribute 10.178 percent cash dividend. The company has already completed its AGM.
Prabhu Mahalakshmi Life
The company has announced a total dividend of 8.421 percent to its shareholders from the profit of the last FY. The company has decided to distribute 4 percent bonus shares and 4.421 percent cash dividend for tax purposes. The insurance company has completed its ninth annual general meeting.
Suryajyoti Life
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The company has decided to distribute 13 percent dividend to its shareholders from the profit of the last FY. The company will distribute 13 percent cash dividend. The company has completed its 18th Annual General Meeting.
Reliable Nepal Life
The company has announced a total dividend of 12 percent to its shareholders from the profit of the last financial year. The company has decided to distribute 12 percent cash dividend. The insurance company has completed its ninth annual general meeting.
LIC Nepal
The company has declared a total dividend of 21.05 percent to its shareholders from the profit of the last FY. The company has decided to distribute 21.05 percent cash dividend. LIC Nepal has completed its 24th Annual General Meeting.
It has been found that the insurance companies that have declared dividends have emphasized on cash dividends rather than bonus shares in this financial year.TAG_OPEN_strong_90
