NLG Insurance - 10% bonus shares and 11.05% cash dividend

NLG Insurance Company Limited has proposed 21 percent dividend to its shareholders from the net profit it posted in the last fiscal year.

A meeting of its Board of Directors held on Sunday decided to propose 10 percent bonus shares and 11.05 cash dividend.

The proposal is, however, subject to the approval of the Nepal Rastra Bank and the Annual General Meeting of the insurance company.
-sharesansar