Himalayan General Insurance Announces Dividend

Jan 01, 2020 11:27 AM Merolagani

Himalayan General Insurance (HGI)  has announced dividend of the last FY. The 247th board of directors meeting of the company held on December 31 decided to propose 10.5 percent dividend to its shareholders.

The company will distribute 5 percent stock and 5.5 percent cash dividend. The proposed dividend is subjected to approval from IB and its upcoming AGM of the company.

Presently, the company has a paid-up capital of Rs 1.02 billion that will reach Rs 1.08 billion after the bonus share distribution.

comments powered by Disqus

Development Banks Record Minimal Degrowth

Apr 24, 2024 06:56 AM

The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.

Gold and Silver Price Decline

Apr 25, 2024 10:37 AM