Share MarketLumbini General Insurance announces dividend

Lumbini General Insurance announces dividend

Lumbini General Insurance Limited (LGIL) has announced to distribute to the shareholders from the last financial year’s profit.

The insurance company has announced to distribute 10 percent dividend of the paid up capital. Out of which 9.52 percent is bonus share and 0.47 percent is cash dividend.

A meeting of the company’s board of directors held on January 26 decided to distribute dividend at that rate.

Dividends will be distributed after the approval of the Insurance Committee and the approval of the next annual general meeting.

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