Kathmandu. fiscal year 2080. So far, 21 insurance companies have declared dividend for 81. Of these, 11 are life insurance companies and 10 are non-life insurance companies. Asian Life, Himalayan Life, LIC Nepal, National Life Insurance, Reliable Nepal Life, Prabhu Mahalaxmi Life, Sanima Reliance Life Insurance, Citizen Life, IME Life Insurance, Nepal Life and Suryajyoti Life Insurance company have declared dividend. <\/p>\n
United Ajod Insurance, NLG Insurance, Nepal Insurance, Himalayan Everest Insurance, Sanima GIC Insurance, IGI Prudential Insurance, Siddhartha Premier Insurance, Sagarmatha Lumbini Insurance, Neco Insurance and Shikhar Insurance are in the non-life category. These companies have announced dividends to be distributed to their shareholders from last year’s profits. <\/p>\n
Asian Life Insurance <\/span><\/strong><\/p>\n The company fy 2080. It has proposed to distribute a dividend of Rs 182.517 million for the current paid-up capital of Rs 3.39 billion for 81, which is 5.3684 percent of the total paid-up capital of Rs 3.39 billion. Of this, 5.10 percent is a bonus share of Rs 173.39 million and a cash dividend of Rs 9,125,876 for tax purposes of 0.2684 percent. <\/p>\n LIC Nepal<\/strong><\/span><\/p>\n Life Insurance Corporation (LIC Nepal) The government has decided to distribute a total dividend of 10.526 percent of the existing paid-up capital of Rs 5 billion to its shareholders from the profit of Rs 81. This includes 10 per cent bonus share and 0.526 per cent cash dividend for tax purposes. The company has convened its 23rd Annual General Meeting (AGM) on July 15. The company has decided to close the book on June 15 for the purpose of annual general meeting and dividend. This means that only the shareholders who have been retained till June 15 will be eligible to receive dividends and participate in the meeting. <\/p>\n Himalayan Life Insurance<\/strong><\/span><\/p>\n The company has proposed to distribute a cash dividend (including taxes) of Rs 731.45 million (including taxes) to the shareholders from the distributable profit of the current fiscal year, which is 8 percent of the current paid-up capital of Rs 9.14 billion. The company is scheduled to hold its 18th Annual General Meeting (AGM) on June 15. The company has closed the book. <\/p>\n National Life Insurance<\/strong><\/span><\/p>\n National Life Insurance for the fiscal year 2080. The government has decided to distribute 15 per cent dividend to its shareholders including 5 per cent bonus share and 10 per cent cash dividend of the existing paid-up capital.\u00a0 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 company has already held a general meeting. <\/p>\n Reliable Nepal Life<\/span><\/strong><\/p>\n The company has announced the dividend to be distributed to its shareholders from the profits of the last financial year. A meeting of the board of directors of the company held on May 12 decided to distribute 0.6315 percent cash dividend at the rate of 12 percent for the purpose of tax on bonus shares and dividends. The company has already held a general meeting. <\/p>\n Prabhu Mahalaxmi Life Insurance <\/strong><\/span><\/p>\n The company fy 2080. It has been decided to distribute a total dividend of 8.421 percent of the current paid-up capital from the distributable profit for 81. This includes 8 percent bonus share and 0.421 percent cash dividend for tax purposes. The company has already held its 8th Annual General Meeting (AGM) on June 15. <\/p>\n IME Life Insurance<\/strong><\/span><\/p>\n IME Life Insurance Company has announced attractive returns for shareholders. The company has decided to distribute 21.05 percent cash dividend (including taxes) of its current paid-up capital. The company has also held its annual general meeting. <\/p>\n Sanima Reliance Life Insurance<\/strong><\/span><\/p>\n The company fy 2080. It has been decided to distribute a total dividend of 9.2489 percent of the paid-up capital to the shareholders from the accumulated profits of the last fiscal year. This includes 1.2489 percent bonus shares and 8 percent cash dividend. The company’s general meeting has already been held. <\/p>\n Suryajyoti Life Insurance<\/strong><\/span><\/p>\n The company has decided to distribute a total dividend of 20 percent to its shareholders from last year’s profit. The company has decided to distribute 20 percent cash dividend. The company has also held its general meeting. <\/p>\n Nepal Life Insurance<\/strong><\/span><\/p>\n The company has decided to distribute a total dividend of 21.05 percent to its shareholders from last year’s profit. The company will distribute 10 percent bonus shares and 11.5 percent cash dividend. The company has already concluded its 25th Annual General Meeting on February 15. <\/p>\n Citizen Life Insurance<\/strong><\/span><\/p>\n The company fy 2080. It has been decided to distribute 28.4 percent dividend of the current paid-up capital from the distributable profit of Rs 81. This includes 26.98 percent bonus shares and 1.42 percent cash dividend for tax purposes. The company has also held a general meeting. <\/p>\n Himalayan Everest Insurance<\/strong><\/span><\/p>\n Himalayan Everest Insurance has decided to pay 8.75 percent cash dividend (including tax on dividend) of the current paid-up capital from the profits of the last fiscal year. The company has already completed its general meeting. <\/p>\n Sanima GIC Insurance Company<\/strong><\/span><\/p>\n The company has decided to give 7.5 percent bonus shares and 0.3947 percent cash dividend of the current paid-up capital for tax purposes. The company has already held its general meeting on March 15. <\/p>\n IGI Prudential Insurance<\/strong><\/span><\/p>\n The company has decided to pay 9.7368 percent cash dividend (including taxes) of its current paid-up capital. The company has already concluded its 27th Annual General Meeting on March 15. <\/p>\n Siddhartha Premier Insurance<\/strong><\/span><\/p>\n The company has decided to pay a cash dividend of 30 percent of the current paid-up capital to its shareholders from the profit of the last financial year. The company has already held its 31st Annual General Meeting on February 15. <\/p>\n Shikhar Insurance<\/strong><\/span><\/p>\n The company has decided to distribute a dividend of Rs 279.468 million, which is 10.5263 percent of the current paid-up capital of Rs 2.65 billion. Of this, 10 percent is a bonus share of Rs 265.49 million and a cash dividend of Rs 13.97 million for tax purposes of 0.5263 percent. The company has already concluded its 20th Annual General Meeting on February 15. <\/p>\n Nepal Insurance<\/strong><\/span><\/p>\n The company has announced to distribute bonus shares at the rate of 15 percent of the current paid-up capital and 0.79 percent cash dividend for its tax purposes. The company held its 76th Annual General Meeting (AGM) on Tuesday. <\/p>\n Sagarmatha Lumbini Insurance<\/strong><\/span><\/p>\n The company will distribute 15 percent cash dividend (including taxes) of the current paid-up capital from the profits of the last fiscal year. Accordingly, the company will distribute a cash dividend of Rs 393,395,730 to the shareholders. The company has held its annual general meeting on May 15. <\/p>\n Neco Insurance<\/span><\/strong><\/p>\n The company fy 2080. For 81, the total paid-up capital of the current paid-up capital from last year’s profit is 7. It has been decided to distribute 3684 percent dividend. Of which 7 percent bonus share and 0 percent for tax purposes. There is a cash dividend of 3684 percent. The general body meeting has already been held on May 15. <\/p>\n NLG Insurance<\/span><\/strong><\/p>\n The company fy 2080. It has been decided to distribute a total dividend of 2.631579 percent of the current paid-up capital of Rs 2.50 billion from the accumulated profit up to Rs 81. Of this, 2.5 percent is a bonus share of Rs 62.56 million and 0.131,579 percent is cash of Rs 3,292,971 for tax purposes. The company has also held a general meeting. <\/p>\n United Ajod Insurance<\/strong><\/span><\/p>\n The company fy 2080. From the profit of Rs 81, the company will distribute 10 percent bonus share of the existing paid-up capital and 0.5263 percent cash dividend for the tax purpose to its shareholders. No date has been fixed for the general meeting and book closure. <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Kathmandu. fiscal year 2080. So far, 21 insurance companies have declared dividend for 81. Of these, 11 are life insurance companies and 10 are non-life insurance companies. Asian Life, Himalayan Life, LIC Nepal, National Life Insurance, Reliable Nepal Life, Prabhu Mahalaxmi Life, Sanima Reliance Life Insurance, Citizen Life, IME Life Insurance, Nepal Life and Suryajyoti […]<\/p>\n","protected":false},"author":9,"featured_media":190749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45031,45152,45159,45096],"tags":[],"class_list":["post-258654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banner-news-en","category-life-insurance-en","category-news-en","category-non-lifeinsurance-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/258654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=258654"}],"version-history":[{"count":0,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/258654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/190749"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=258654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=258654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=258654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}