Dividend revision of IME General Insurance, how much now?
Kathmandu: The pre-announced dividend of IME General Insurance Company has been revised.
The meeting of the board of directors held on Sunday (17th of Poush) of the company has now decided to distribute 6% bonus shares from the last year’s profit and 0.32% cash dividend for tax purpose.
Earlier, the company had announced to distribute 6.50% bonus shares and 0.34% cash dividend. The proposed bonus shares and cash dividends will be distributed after the approval of the next annual general meeting of the regulator Nepal Insurance Authority and IME.