Dividend History Of Surya Life Insurance Company Limited (SLICL)
The average rate of return of Surya Life Insurance Company (SLICL) when compared to other life insurance companies listed in NEPSE is very low and not commendable. Surya Life Insurance Company had distributed dividend at an average of 7.77% within the last ten fiscal years. During this period, SLICL had distributed a total dividend of 77.77 percent ranging from a minimum of 5 percent to a maximum of 13.36 percent.
Surya Life Insurance Company is now known as SuryaJyoti Life Insurance Company Limited (SJLIC) after it went into successful merger with Jyoti Life Insurance Company on Dec, 2022. Now, the company has 45,455,721 units shares listed in Nepal Stock Exchange and is traded as SJLIC.
Dividend History of Surya Life Insurance Company (SLICL)
The table below presents the dividend history of Surya Life Insurance Company (SLICL) since fiscal year 2068/69.
| Fiscal Year | Bonus Share (%) | Cash Dividend (%) | Total Dividend (%) |
|---|---|---|---|
2077/78 |
N/A |
N/A |
N/A |
2076/77 |
12.7 |
0.6684 |
13.3684 |
2075/76 |
5 |
5.526 |
10.526 |
2074/75 |
12 |
– |
12 |
2073/74 |
12 |
0.63 |
12.63 |
2072/73 |
10 |
– |
10 |
2071/72 |
5 |
– |
5 |
2070/71 |
N/A |
N/A |
N/A |
2069/70 |
N/A |
N/A |
N/A |
2068/69 |
14.25 |
– |
14.25 |
About the Company
Surya Life Insurance Company (SLICL) was a a public limited company licensed to operate life insurance business on 2064/12/06. Surya life had made reinsurance arrangement with Nepal Re-Insurance Company.
Surya Life Insurance Company had 25,502,821 units shares listed in Nepal Stock Exchange (NEPSE) and was traded as SLICL.
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