Himalayan Reinsurance Limited (HRL) has suggested a dividend of 4.21% for the fiscal year 2079/80. In a decision made during the 55th board of directors meeting on Magh 25, it was agreed to distribute this dividend based on the paid-up capital of Rs. 10 Arba. The proposal includes 4% bonus shares and a 0.21% cash dividend, totaling Rs. 40 crores and Rs. 2.10 crores respectively. However, the dividend distribution is subject to approval by the central bank and endorsement at the company’s upcoming Annual General Meeting (AGM).
Highlights:
- Himalayan Reinsurance Proposes 80% Right Shares Post Bonus Adjustment
- Swarojgar Laghubitta Proposes 7.3684% Dividend, Rs. 4.62 Crores for FY 2079/80 with 7% Bonus Shares and Rs. 23.10 Lakhs Cash
- National Life Insurance Company Approves Bonus Shares and Cash Dividend in 35th AGM
- Himalayan Reinsurance Lists 40 Lakh Bonus Shares on NEPSE after AGM Approval
- Deprosc Laghubitta Proposes 10.52632% Dividend; Bonus Shares and Cash Distribution Breakdown