Last Day to Secure Dividends of Two Insurance Companies

Kathmandu – Today marks the final opportunity for investors to secure dividends from IME Life Insurance as well as Himalayan Everest Insurance.

Both two companies are set to close their books on February 27. Since the Nepal Stock Exchange (NEPSE) will remain closed tomorrow, February 26, due to public holiday, only shareholders who hold shares by today will be eligible for dividends and right shares.

IME Life Insurance

IME Life Insurance has proposed a 21.05264% cash dividend (including tax) from its paid-up capital, derived from last year’s profits. The company will hold its annual general meeting (AGM) on March 9 at 11 AM at Diyo Mahal, Dhumbarahi, Kathmandu, to approve the proposed dividend.

Himalayan Everest Insurance

Himalayan Everest Insurance has announced an 8.75% cash dividend (including tax) from last year’s earnings. The AGM to finalize this dividend will take place on March 11 at 11 AM at Anmol Banquet, Shankhamul, Kathmandu.

Investors who wish to benefit from these offerings must ensure they are shareholders by the end of trading today.