Share MarketDividend revision of Premier Insurance

Dividend revision of Premier Insurance

Premier Insurance has revised its dividend to shareholders from last fiscal year’s profit. Now the company is going to distribute 14 percent bonus.


Earlier, it had proposed to distribute a total of 15 percent dividend with 7.5 percent cash and 7.5 percent bonus. However, the company has proposed to remove the cash and distribute the bonus after the Insurance Committee stopped the distribution of cash.

PIC Div Dec

The board of directors of the company has proposed to distribute 14.25 percent bonus and 0.75 percent cash dividend ( for tax purpose).

The company has stated that it will close the book for the purpose of dividend distribution from magh 5 to Magh 21. Only the existing shareholders till Magh 4, will get the dividend distributed by the company .

The company has convened its 28th annual general meeting on magh 21.

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