Thu, Apr 25, 2024
Gurans Life Insurance (GLICL) has announced dividend of the last FY. The 154th board of directors meeting of the company held on November 5 decided to propose 13.1015 percent stock dividend to its shareholders.
Given that, the company has not proposed any cash dividend for tax purpose, the shareholders will have to pay for the tax by themselves.
The proposed dividend is subjected to approval from 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.
