Sun Nepal Life Insurance Limited (SNLI) has brought exciting news for NEPSE investors and shareholders in the Nepal Stock Exchange.
The board of directors, in a meeting held on Poush 2, approved a generous total dividend of 20.2632% from the profits of fiscal year 2081/82. This attractive package includes 5% bonus shares and a high 15.2632% cash dividend (including tax on bonus shares).
This is one of the strongest dividend announcements in the life insurance sector on NEPSE this season, making SNLI a top choice for investors seeking NEPSE dividend stocks with good cash dividends.
The dividend will be distributed to eligible shareholders only after getting approval from the Nepal Insurance Authority and final endorsement at the upcoming Annual General Meeting (AGM). Investors should watch for the book closure date to qualify.
Sun Nepal Life Insurance continues to reward its investors strongly, boosting confidence in the life insurance companies listed on the Nepal stock market.
Many NEPSE traders and long-term share investors in Nepal are expected to react positively, which may impact the SNLI share price in coming sessions.
Stay updated with the latest NEPSE news, dividend announcements, and share market updates from the insurance sector.
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