Dividend History Of Nepal Life Insurance Company Ltd. (NLIC)
Nepal Life Insurance Company (NLIC) stands out with a stellar dividend history among NEPSE-listed life insurance companies. Over the last eleven fiscal years, NLIC has consistently rewarded its shareholders, distributing dividends averaging an impressive 54.45% annually. This includes both bonus shares and cash dividends.
The dividend range for Nepal Life Insurance Company spans from 14.736% to 126.32%, showcasing the company’s financial strength making it one of the blue chip Stock of Nepal. Notably, NLIC is yet to announce its dividends for shareholders for the last two fiscal years.
Recently for the year 2022, Nepal Life Insurance Company (NLIC) announced that it won’t be distributing any dividend to its shareholders and announcement for the year 2023 is yet to be made.
Dividend History Of Nepal Life Insurance Company (NLIC)
The table below presents the dividend history of Nepal Life Insurance Company (NLIC) since fiscal year 2065/66:
| Fiscal Year | Bonus Share (%) | Cash Dividend (%) | Total Dividend (%) |
|---|---|---|---|
2079/80 |
– |
– |
– |
2078/79 |
N/A |
N/A |
N/A |
2077/78 |
N/A |
15.78 |
15.78 |
2076/77 |
14 |
0.7368 |
14.7368 |
2075/76 |
31 |
20 |
51 |
2074/75 |
25 |
23.5 |
48.5 |
2073/74 |
42 |
28.5 |
70.5 |
2072/73 |
25 |
1.31 |
26.31 |
2071/72 |
25 |
1.31 |
26.31 |
2070/71 |
60 |
8 |
68 |
2069/70 |
70 |
28.5 |
98.5 |
2068/69 |
70 |
56.31 |
126.31 |
About the Company
Nepal Life Insurance Company (NLIC) was established as a public limited company on 2058/01/21.The company has an authorised capital of Rs.1,000 Crore and Paid-up Capital of Rs. 820.79 Crore.
Nepal Life Insurance Company has 82,079,665.00 unit shares listed in Nepal Stock Exchange (NEPSE) and is traded as NLIC.
