Big News! Sagarmatha Lumbini Insurance Announces 15% Cash Dividend on NEPSE!
Hello NEPSE investors! Exciting update from the Nepal Stock Exchange today. Sagarmatha Lumbini Insurance Company Limited (SALICO), a top player in the non-life insurance sector, has just proposed a generous 15% cash dividend for the fiscal year 2081/82.
This dividend announcement comes straight from the company’s board and is fully in cash – no bonus shares this time. With a paid-up capital of Rs 2.62 Arba as of Ashad end 2082 BS, this 15% cash dividend totals around Rs 39.33 crores for shareholders.
SALICO shareholders will love this, especially since the company distributed the same 15% cash dividend last year from FY 2080/81. It shows strong consistency in rewarding investors in the Nepal share market.
If you’re holding SALICO shares on NEPSE, this dividend proposal needs approval from the upcoming Annual General Meeting (AGM). Keep an eye on NEPSE updates for the exact dates!
The insurance companies in Nepal are performing well, and Sagarmatha Lumbini Insurance stands out in the non-life insurance companies listed in NEPSE. This kind of cash dividend is perfect for income-seeking share market Nepal traders and long-term holders.
Are you invested in NEPSE insurance stocks? This could boost interest in the insurance sector NEPSE!
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 It may contain inaccuracies or outdated information and does not constitute financial or investment advice or a recommendation to buy, sell, or hold any securities.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.
