Pioneer Insurance Company Limited approved a 25% cash and 10% stock dividend in its 26th annual general meeting (AGM) held on Monday.
Chairman of the company M Anis Ud Dowla presided over the meeting held via a digital platform, reads a press release.
Directors Messers Tapan Chowdhury, AKM Rahmatullah, Alamgir Shamsul Alamin, Sylvana Sikder, Fahama Khan, Rozina Afroze, Lt Col (Retd) Muhammad Nazrul Islam Bir Protik, M Mokammel Haque, Chief Executive Officer SM Mizanur Rahman and CFO Dhruba Kumar Guha, as well as a large number of shareholders, were present in the meeting virtually.
In the year 2021, the company earned a premium of Tk286.92 crore and a profit after tax of Tk58.66 crore. The meeting approved a 35% dividend (25% cash and 10% stock) for the year ended December 31, 2021, as recommended by the board of directors.
The shareholders expressed their satisfaction with the company’s performance during the year.
The chairman of the company, on behalf of the board of directors, expressed his heartfelt gratitude to the shareholders for their continued support to the company.
He also appreciated the employees of the Company for their outstanding performance and advised them to continue their sincere efforts in future too.
