Dividend History Of Sagarmatha Insurance Company Limited (SIC)

Investopaper

Sagarmatha Insurance Company Limited (SIC) is a leading non-life insurance company of Nepal, established in 1996 as the first foreign joint venture with Ceylinco Insurance PLC, Srilanka. The promoters hold the 51 percent shares in the company. Likewise, Ceylinco Insurance Company, PLC has 20 percent ownership and the balance 29 percent is possessed by public shareholders.


Suggested Readings:

Top 7 Non-Life Insurance in Nepal

Why You Should Invest In The Insurance Stocks?


The table below presents the dividend distributed by Sagarmatha Insurance since the fiscal year 2007/08.

Dividend History Of Sagarmatha Insurance Company Limited (SIC)

Fiscal Year Fiscal Year Cash Dividend (%) Bonus Share (%) Total Dividend  (%)
2007/08 2064/65 10.68 0 0
2008/09 2065/66 10.53 10 0
2009/10 2066/67 11.32 15 26.32
2010/11 2067/68 0 0 0
2011/12 2068/69 29.62 100 129.62
2012/13 2069/70 22.1 20 42.1
2013/14 2070/71 0.79 15 15.79
2014/15 2071/72 1.25 23.75 25
2015/16 2072/73 1.16 22 23.16
2016/17 2073/74 0 0 0
2017/18 2074/75 0 86 86
2018/19 2075/76 0 0 0

You May Also Like:

Dividend History Of Shikhar Insurance Company Limited (SICL)

Dividend History Of Siddhartha Insurance Company Limited (SIL)

Investopaper

Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!