Five listed insurance companies on the stock exchange have declared generous amounts of dividends for investors after reviewing their audited financial statements for the year 2021.
Pioneer Insurance has declared a 25% cash and 10% bonus dividend to its shareholders, the highest among the lot. According to the financial report for the last financial year, the company's earnings per share (EPS) has been Tk7.62.
As of December 31, 2021, the company's net asset value per share (NAVPS) stood at Tk48.66.
The annual general meeting (AGM) of Pioneer Insurance will be held on June 27 to approve the declared dividend to the shareholders. The record date for the distribution of the declared dividend among the shareholders has been fixed at May 25.
Phoenix Insurance has declared a 15% cash dividend to its shareholders, and according to the financial report for the last financial year, the company's earnings per share (EPS) has been TK2.20.
As of December 31, 2021, the company's net asset value per share (NAVPS) stood at Tk39.9.
The AGM of the company will be held on June 29 to approve the declared dividend to the shareholders and the record date for the distribution of the declared dividend among the shareholders has been fixed at May 25.
Federal Insurance on the other hand has announced a 10% cash dividend to shareholders. According to the financial report for the last financial year, the company's earnings per share (EPS) has been Tk1.36.
As of December 31, 2021, the company's net asset value per share (NAVPS) stood at Tk12.93.
The AGM will be held on June 28 to approve the declared dividend to the shareholders. The record date for the distribution of the declared dividend among the shareholders has been fixed at May 29.
Similarly, Northern Islamic Insurance has also declared a 10% cash dividend to its shareholders. According to the financial report for the last financial year, the company's earnings per share (EPS) have been Tk1.76.
As of December 31, 2021, the company's net asset value per share (NAVPS) stood at Tk21.
The AGM of the company will be held on June 28 for the approval of the declared dividend to its shareholders and the record date for the distribution of the dividend among the shareholders has been fixed at May 26.
Bangladesh National Insurance has announced to pay a generous amount of 18% cash dividend to its shareholders. According to the financial report for the last financial year, the company's consolidated earnings per share (EPS) has been Tk3.23.
As of December 31, 2021, the company's consolidated assets per share (NAVPS) stood at Tk21.85.
The AGM will be held on June 27 to approve the declared dividend to the shareholders and the record date for the distribution of the declared dividend among the shareholders has been fixed at May 25.