Share MarketHGI proposed 7 percent dividend

HGI proposed 7 percent dividend

Himalayan General Insurance has proposed dividend from the profits of the last fiscal year 2077/78. A meeting of the company’s board of directors on poush 21 proposed to distribute 6.65 percent bonus shares and 0.35 percent cash dividend for tax purposes on the basis of the existing paid-up capital.

The proposed dividend will be distributed after the approval of the Insurance Committee and the approval of the next annual general meeting of the company. Currently, the company’s paid-up capital is Rs. 1 arba 3 Lakh 36 thousand 700. The company has proposed dividend on the basis of the same capital.

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