Dividend History of Neco Insurance Company Limited (NIL)

April 24, 2025 | 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:

Rastriya Banijya Bank Ltd.(RBB): 15% of the total share
Mahato Group: 21% of the total share
Vinayak Group: 13% of the total share
Agriculture Development Bank Ltd.: 4% of the total share
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
2021/22	2078/79	0.79	15	15.79
2022/23	2079/80	0	0	0
2023/24	2080/81	0.3684	7	7.3684