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Himalayan Life Insurance Limited (HLI) has announced an 8% cash dividend amounting to Rs. 73.14 crores for the fiscal year 2080/81.
During the 42nd board of directors meeting on Jestha 14, the decision was made to allocate an 8% cash dividend. HLI’s current paid-up capital stands at Rs. 9.14 Arba.
The dividend is pending approval from the Nepal Insurance Authority and the forthcoming AGM.
At the time of writing, HLI shares were priced at Rs. 407.97.