Everest Insurance Dividend Declaration
Everest Insurance (EIC) has announced a dividend to be distributed to shareholders from last fiscal year’s profits.
Insurance has announced a bonus share of 6 per cent of its existing paid-up capital and a cash dividend of 0.31 per cent for tax purposes.
The meeting of the board of directors of the insurance company held on Phagun 26 has announced to distribute dividend at the said rate.
The dividend will be distributed after it is approved by the Insurance Committee and passed by the next annual general meeting.