Nepalese Investor

Dividend History Of Gurans Life Insurance Company Limited (GLICL)

Gurans Life Insurance Company (GLICL) Dividend History
Gurans Life Insurance Company (GLICL) Dividend History

Gurans Life Insurance Company (GLICL) had distributed dividend at an average of 6.006% per year to its shareholders within the last eleven fiscal years. During this period, GLICL had distributed a total dividend of 66.007 percent including both bonus share and cash dividend. Over the year, GLICL had distributed dividend ranging from 5.25 percent to 13.2712 percent to its investors.

Gurans Life Insurance Company is now known as Himalayan Life Insurance Limited (HLI) after it went into successful merger with Prime Life Insurance Company and Union Life Insurance Company on 9 May, 2023. Now, the company has 80,203,836 units shares listed in Nepal Stock Exchange and is traded as HLI.

 

Dividend History Of Gurans Life Insurance Company (GLICL)

The table below presents the dividend distributed by Gurans Life Insurance Company (GLICL) since fiscal year 2068/69.

Fiscal Year Bonus Share (%) Cash Dividend (%) Total Dividend (%)
2078/79
-
-
-
2077/78
13.2712
-
13.2712
2076/77
7.4425
0.3917
7.8342
2075/76
5.5004
0.2895
5.7899
2074/75
5.25
-
5.25
2073/74
8
0.421
8.421
2072/73
8
0.421
8.421
2071/72
10
0.52
10.52
2070/71
N/A
N/A
N/A
2069/70
N/A
N/A
N/A
2068/69
6.5
-
6.5

About the Company

Gurans Life Insurance Company (GLICL) was promoted by Dugar Group, Sunrise Bank along with group of diverse and renowned Businessmen, Industrialist and Legal professionals. It was one of the leading life insurance company of Nepal. Now, the company is known as Himalayan Life Insurance (HLI) after it went into merger with Prime Life Insurance Company and Union Life Insurance Company.

Gurans Life Insurance Company had 25,365,635 units shares listed in Nepal Stock Exchange (NEPSE) and was traded as GLICL.

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