We have information on the Dividend History of Nepal Reinsurance Company (NRIC). It is the first reinsurance company which get listed in NEPSE.
Nepal Reinsurance Company Ltd (NRIC) is the first re-insurance company that is listed in Nepse. It is established in the PPP Model with equity participation of the Government of Nepal. The company was incorporated on 7 November 2014.
| Particulars | Information |
|---|---|
| Name | Nepal Reinsurance Company Ltd. |
| Symbol | NRIC |
| Sector | Others |
| Share Register | RBB Merchant Banking Ltd. |
| Address | Central Business Park, Thapathali, Kathmandu. |
Dividend History of Nepal Reinsurance Company (NRIC)
Following are the bonus shares and cash dividends of Nepal Reinsurance Company.
| S.N | Fiscal year | Cash Dividend | Bonus Share | Total Dividend |
|---|---|---|---|---|
| 1 | 2080/81 | |||
| 2 | 2079/80 | 0.25% | 4.75% | 5.00% |
| 3 | 2078/79 | 0.25% | 4.75% | 5.00% |
| 4 | 2077/78 | 0.2632% | 5.00% | 5.2632% |
| 5 | 2076/77 | 2.50% | 16.50% | 19.00% |
Nepal Reinsurance Company (NRIC) is distributing the dividend continuously after an IPO to the general public. In 2076/77, the company distributed a 19.00% dividend to its shareholders. Out of a 19% dividend, 16.50% is bonus share and can 2.50% cash dividend for tax purpose.
Hence, these are the Dividend History of Nepal Reinsurance Company (NRIC).
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Frequently Asked Questions
a. Bonus share of Nepal Reinsurance Company (NRIC)?
= The bonus share of Nepal Reinsurance Company (NRIC) in FY 2079/80 is 4.25%.
b. Share register of Nepal Reinsurance Company (NRIC)?
= RBB Merchant Banking is the share register of Nepal Reinsurance Company (NRIC).
c. Symbol of Nepal Reinsurance Company?
= The symbol of Nepal Reinsurance Company is NRIC.
d. Full form of NRIC?
= The full form of NRIC is Nepal Reinsurance Company.
Corporate Office
Address: LS Building, Kathmandu Metropolitan City, Ward no. 11, Thapathali, Kathmandu, Nepal.
Phone Number: +977-01-4218458
Email: nepalre@ntc.net.np