Surya Life Insurance Company (SLICL) proposes a dividend of 13.3684 percent for fiscal year 2076/77.

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Surya Life Insurance Company Limited (SLICL) has recommended a dividend of 13.3684 percent for the fiscal year 2076/77, which begins on January 1, 2076.

After voting in the 301st meeting of the of directors, which held on Kartik 13, it was decided to distribute the Rs. 2.26 arba dividend on the paid-up capital. 12.7 percent bonus shares worth slightly more than Rs. 28.73 crores and 0.6684 percent cash dividend worth Rs. 1.51 crores were proposed as the dividend distribution.

The dividend will be paid only if it has been approved by the central bank and approved by the company’s future annual general meeting.

SLICL has an LTP of Rs 862 at of the time of writing.

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