National Life Insurance Company Limited (NLICL) has officially announced a dividend distribution for its shareholders from the profit of the last fiscal year. This update is very important for investors active in the Nepal Stock Exchange (NEPSE).
According to the latest NEPSE news, NLICL has proposed a total dividend of 12.5 percent. This includes 4 percent bonus shares and 8.5 percent cash dividend (including tax). The dividend is based on the company’s paid-up capital.
The decision was made during the Board of Directors meeting held on Poush 2. This announcement has attracted attention from NEPSE investors, insurance sector investors, and those tracking life insurance stocks in Nepal.
However, the proposed dividend will be distributed only after it gets approval from the Nepal Insurance Authority. After that, it must also be approved by the company’s Annual General Meeting (AGM).
Once approved, eligible NEPSE shareholders of National Life Insurance Company Limited will receive the bonus shares and cash dividend. This dividend declaration strengthens NLICL’s position in the NEPSE insurance index and boosts confidence among long-term investors in Nepal’s stock market.
This news is especially useful for traders and investors searching for NEPSE dividend stocks, insurance company dividends, NLICL share news, and latest NEPSE market updates.
Disclaimer
Meroshare.net is an independent website and is not affiliated with CDSC, NEPSE, SEBON, or the official MeroShare platform. For account-related issues, contact your broker or the relevant authorities directly.
This article is based on publicly available sources and is provided for informational purposes only. It may contain inaccuracies or outdated information and does not constitute financial or investment advice or a recommendation to buy, sell, or hold any securities.
Always conduct your own research and consult qualified professionals before making investment decisions. For official information, refer directly to the relevant companies or authorities.
