Siddhartha Premier Insurance Proposes 11 Percent Dividend from FY 2079/80

February 5, 2024 | Investopaper

Siddhartha Premier Insurance Limited (SPIL) has declared the dividend to the shareholders. The dividend announcement is from the fiscal year 2079/80

The company has proposed an 11 percent dividend. The total dividend will be in the form of cash.

As of Ashad’s end 2080 BS, Siddhartha Premier Insurance has a paid-up capital of Rs 2.80 Arba. At this capital, the cash dividend amounts to Rs 30.87 crores.

The dividend is subject to approval from Nepal Insurance Authority and the upcoming AGM of the insurance.

From the previous fiscal year 2078/79, Siddhartha Insurance (before merger with Premier Insurance had distributed a 9.4737 percent dividend, including a 9 percent bonus share and a 0.4737 percent cash dividend.


Dividend History Of Siddhartha Premier Insurance Limited (SPIL)


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