Siddhartha Premier Insurance Declares 30% Cash Dividend
Kathmandu – Siddhartha Premier Insurance Company has announced an impressive 30 percent cash dividend for its shareholders.
The decision was made during the board of directors meeting held on Monday evening. Based on the company’s current paid-up capital of Rs 2.8 billion, the total dividend payout will amount to Rs 841.9 million.
On Monday, Siddhartha Premier Insurance’s share price closed at Rs 848 in the stock market, reflecting strong investor confidence. The company has stated that the dividend distribution will proceed after receiving approval from the Insurance Authority and the upcoming general meeting.