Sat, Apr 27, 2024
National Life Insurance has announced dividend for the FY 2074/75. The 417th board of directors meeting of the company held on September 4 decided to propose 14.50 percent dividend to its shareholders.
The company will distribute 12 percent stock and 2.50 percent cash dividend.
The proposed dividend is subjected to approval from the IB and its upcoming AGM.
The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.
