Dividend History of Life Insurance Corporation Nepal (LICN)
Life Insurance Corporation Nepal (LICN) has maintained a consistent track record of rewarding its shareholders through dividend payouts over the last thirteen fiscal years. From FY 2068/69 to FY 2080/81, the company has distributed dividends ranging from 10.526% to as high as 70%. The highest payout came in FY 2074/75, with a total of 70% comprising 34.46% bonus shares and 35.53% cash dividend.
On average, LICN has distributed a 29.50% annual dividend during this 13-year period.
Dividend History of Life Insurance Corporation Nepal (LICN)
The table below presents the dividend history of Life Insurance Corporation Nepal (LICN) since FY 2068/69:
| Fiscal Year | Bonus Share (%) | Cash Dividend (%) | Total Dividend (%) |
|---|---|---|---|
2080/81 |
10 |
0.526 |
10.526 |
2079/80 |
N/A |
N/A |
N/A |
2078/79 |
N/A |
N/A |
N/A |
2077/78 |
N/A |
N/A |
N/A |
2076/77 |
20 |
1.0526 |
21.0526 |
2075/76 |
10 |
0.5263 |
10.5263 |
2074/75 |
34.46 |
35.53 |
70 |
2073/74 |
12 |
0.63 |
12.63 |
2072/73 |
24.8 |
1.3 |
26.1 |
2071/72 |
25 |
1.32 |
26.32 |
2070/71 |
30 |
1.58 |
31.58 |
2069/70 |
30 |
1.57 |
31.57 |
2068/69 |
62 |
3.26 |
65.26 |
About the Company
Life Insurance Corporation Nepal Limited (LICN) is one of Nepal’s leading life insurance companies. It was established in 2001 and operates under a life insurance license issued by the Insurance Board of Nepal (Beema Samiti). The company is jointly owned by LIC of India (holding a 55% stake), Vishal Group (25%), and the general public of Nepal (20%).
LICN is part of the wider Life Insurance Corporation network, which operates in ten countries across Asia, Africa, and Europe. In the Nepal Stock Exchange (NEPSE), LICN is listed with a total of 50,000,000 shares and is traded under the symbol LICN.
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