Sagarmatha Insurance Proposes Attractive Dividend

May 10, 2019 Merolagani

Sagarmatha Insurance (SIC) has proposed dividend of the last FY. the 271st board of directors meeting of the company held on May 9 proposed attractive dividend to its shareholders.

The company has proposed 86 percent stock dividend to its shareholders. the company will distribute Rs 462.9 million worth of stock dividend, however, the shareholders will have to pay taxes by themselves.

After the stock dividend, the paid-up capital of the company will reach Rs 1.12 billion.

comments powered by Disqus