Dividend History of Himalayan Reinsurance Limited (HRL)
Himalayan Reinsurance (HRL) has declared dividends for two consecutive fiscal years since its listing on NEPSE in January 2024. The company has distributed a total of 8.91% in dividends, including 8.5% in bonus shares and 0.45% in cash dividends, at an average of 4.45% per year.
Dividend History of Himalayan Reinsurance (HRL)
The table below presents the dividend history of Himalayan Reinsurance (HRL) since FY 2079/80:
| Fiscal Year | Bonus Share (%) | Cash Dividend (%) | Total Dividend (%) |
|---|---|---|---|
2080/81 |
4.5 |
0.24 |
4.74 |
2079/80 |
4 |
0.21 |
4.21 |
About the Company
Himalayan Re is the first private sector reinsurance company established in the Republic of Nepal. The company offers Reinsurance support to Life and General Insurance Companies in Nepal and overseas.
Promoters of Himalayan Re include leading business houses of Nepal like IME Group, Golchha Group, Shanker Group and Nepal Bank, Rastriya Banijya Bank Limited. Himalayan Re is also the only company holding international rating in Nepal with rating of B+ (Good) from AM Best.
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