IGI Prudential Insurance Proposes 5% Cash Dividend

IGI Prudential Insurance has proposed a 5% cash dividend from its profit for the fiscal year 2081/82. The decision was endorsed during the board meeting held on Tuesday, Mangsir 25.

According to the company, the proposed cash dividend includes the amount required for tax purposes as well. The distribution will take place only after receiving approval from the Nepal Insurance Authority and endorsement from the company’s upcoming Annual General Meeting (AGM).

Once approved, the dividend amount will be credited to the accounts of shareholders.