Life Insurance Corporation Nepal (LICN) Proposes 10.526 Percent Dividend
May 15, 2025 | Investopaper
Life Insurance Corporation Nepal (LICN) has has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2080/81.
LICN has proposed a 10.526 percent dividend. The total dividend includes a 10 percent bonus share and a 0.526 percent cash dividend (for tax purposes).
As of Ashad’s end 2081 BS, LIC Nepal has a paid-up capital of Rs 5 Arba. At this capital, the bonus share is worth Rs 50 crores.
After the proposed 10 percent bonus share inclusion, the paid-up capital of LICN will reach Rs. 5.50 Arba.
From the previous fiscal year 2079/80, LIC Nepal didn’t provide any dividend to the shareholders.
Suggested Readings:
Dividend History Of Life Insurance Corporation Nepal (LICN)