Dividend History Of Neco Insurance Company Limited (NIL)

January 17, 2022 | Investopaper

Neco Insurance Company Limited (NIL) was established on Poush 1, 2051 (December 16, 1994). It started an insurance operation on Jestha 17, 2053 (May 30, 1996). The major promoters include:

  1. Rastriya Banijya Bank Ltd.(RBB): 15% of the total share
  2. Mahto Group: 21% of the total share
  3. Vinayak Group: 13% of the total share
  4. Agriculture Development Bank Ltd.: 4% of the total share
  5. Fund Management Company Ltd.: 3% of the total share

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The table below presents the dividend history of Neco Insurance since the fiscal year 2065/66.

Dividend History Of Neco Insurance Company Limited (NIL)

Fiscal Year Fiscal Year Cash Dividend (%) Bonus Share (%) Total Dividend  (%)
2008/09 2065/66 0 0 0
2009/10 2066/67 0 5 5
2010/11 2067/68 0.26 5 5.26
2011/12 2068/69 0.61 11.5 12.11
2012/13 2069/70 0 0 0
2013/14 2070/71 0.67 12.71 13.38
2014/15 2071/72 0.79 15 15.79
2015/16 2072/73 1.05 20 21.05
2016/17 2073/74 0.52 10 10.52
2017/18 2074/75 0.63 12 12.63
2018/19 2075/76 8.16 0 8.16
2019/20 2076/77 0.82 15.5 16.32
2020/21 2077/78 0.79 15 15.79

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