Nepal Life Insurance (NLIC) has declared a dividend to be distributed to the shareholders.
Insurance has announced to distribute dividend at the rate of 14.73 percent of the existing paid up capital from the accumulated profit till the fiscal year 2076/77. Out of which 14 percent is bonus share and 0.73 percent is cash dividend.
The dividend will be distributed after it is approved by the Insurance Committee and passed by the next annual general meeting.