Dividend History of National Life Insurance Company Limited (NLICL)
July 12, 2024 | Investopaper
National Life Insurance Company Limited (NLICL) was incorporated in 1988 A.D. It is one of the oldest life insurance companies in Nepal. It was formerly known as National life & General Insurance Co. Ltd.). As per the direction of Beema Samiti, National Life & General Insurance Company was divided into National Life Insurance and NLG Insurance Company (a non-life insurance company) in order to separately conduct life and non-life insurance business. The general public possesses a 35 percent share in the company.
National Life Insurance has distributed decent returns to the shareholders over the years. The dividend has ranged from 13.5 percent to a maximum of 72.5 percent.
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The table below shows the dividend history of the National Life Insurance Company.
Dividend History Of National Life Insurance Company Limited (NLICL)
Fiscal Year | Fiscal Year | Cash Dividend (%) | Bonus Share (%) | Total Dividend (%) |
2009/10 | 2066/67 | 0 | 21 | 21 |
2010/11 | 2067/68 | 1.58 | 30 | 31.58 |
2011/12 | 2068/69 | 0 | 25 | 25 |
2012/13 | 2069/70 | 17.5 | 55 | 72.5 |
2013/14 | 2070/71 | 8 | 30 | 38 |
2014/15 | 2071/72 | 1.58 | 30 | 31.58 |
2015/16 | 2072/73 | 1.32 | 25 | 26.32 |
2016/17 | 2073/74 | 0 | 13.5 | 13.5 |
2017/18 | 2074/75 | 12 | 2.5 | 14.5 |
2018/19 | 2075/76 | 0.53 | 10 | 10.53 |
2019/20 | 2076/77 | 1 | 19 | 20 |
2020/21 | 2077/78 | 0.789 | 15 | 15.789 |
2021/22 | 2078/79 | 6.5 | 8 | 14.5 |
2022/23 | 2079/80 | 10.7368 | 4 | 14.7368 |
Suggested Readings:
Dividend History Of Nepal Life Insurance Company Limited (NLIC)
Dividend History Of Life Insurance Corporation Nepal (LICN)