LIC Nepal to Skip Dividend

Jun 11, 2023 11:59 AM Merolagani

LIC Nepal Insurance has decided to skip dividend proposal for the last FY.

The board of directors meeting of the company held on June 9 decided to skip dividend for the last FY.

Nepal Insurance Authority has approved the balance sheet, profit and loss account and cash flow of the FY 2077/78.

In the FY 2076/77, the company had distributed 20 percent stock and 1.05 percent cash dividend.

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