At least nine life insurance companies have announced dividend payouts from profits accumulated in the previous fiscal year. IME Life and Sanima Reliance will close their books on Friday, making shareholders on record eligible for dividends. Five insurers opted exclusively for cash dividends, while four offered a mix of modest bonus shares and higher cash payouts. Nepal Life Insurance and Life Insurance Corporation declared the highest returns at 21 percent. Overall, dividend announcements in the sector are viewed as positive.
