Asian Life Insurance has announced a total dividend of 5.36% for its shareholders. In a board meeting held on Sunday, Jestha 25, 2082, the company decided to distribute a 5.10% bonus share along with a 0.26% cash dividend to cover tax obligations from the fiscal year 2080-81 profits.
This proposal will be distributed to shareholders once it receives approval from the Insurance Authority and the company’s upcoming Annual General Meeting (AGM).
For reference, the company had distributed a higher dividend of 8.16% to its shareholders in the previous fiscal year 2079-80.
