March 26, 2023 | Investopaper
Gurans Life Insurance Company Limited (GLICL) has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2077/78.
The company has proposed a 13.2712772 percent dividend. The dividend will be in the form of bonus shares. Shareholders’ will have to pay the tax for the proposed bonus shares themselves.
As of Ashad’s end 2078 BS, Gurans Life Insurance has a paid-up capital of Rs 2.23 Arba. At this capital, the bonus share amounts to Rs 29.71 crores.
From the previous fiscal year 2076/77, Gurans Life Insurance had distributed a 7.834195 percent dividend to the shareholders, including a 7.442485 percent bonus share and 0.39171 percent cash dividend.
The company will distribute the dividend after the approval from the Insurance Board and the upcoming AGM.