KATHMANDU

Reliable Nepal Life Insurance has announced to distribute a 16.84 percent dividend to its shareholders from the profit of the last fiscal year 2079/80. The decision was made at the company’s board meeting held on Tuesday, Poush 14.

According to the decision of the company’s board meeting, a 16 percent bonus share and a 0.84 percent cash dividend will be distributed for the fiscal year 2079/80.

The announced bonus will be distributed to the shareholders only after approval from the Insurance Board and approval from the company’s upcoming annual general meeting.