2024-04-29 15:53:57
The board of directors of capital market listed insurance company Nettle Insurance Company Limited has declared 10.50 percent dividend to the shareholders. Its all cash dividends.
The board of directors of the company has decided to pay this dividend to the shareholders after reviewing the audited financial report for the financial year ended on December 31, 2023.
As a result, shareholders will get a cash dividend of 1.05 taka against every 10 taka worth of shares. On Sunday (April 28), this information was revealed on the website of Dhaka and Chittagong Stock Exchange (DSE-CSE).
According to the information, the annual general meeting (AGM) of the company will be held on June 26 to approve the declared dividend to the shareholders. The record date for this has been fixed on May 19.
The company’s earnings per share (EPS) for the financial year ended was Rs.1.48. The company’s profit per share was Rs 2.13 during the same period in the previous financial year.
Net operating cash flow per share (NOCFPS) of the company was Tk 0.16 during the financial year under discussion. During the same period of the previous financial year, the NOCFPA of the company was Rs.30.53.
Net asset value per share (NAVPS) of the company stood at Rs 30.42 during the period under discussion. In view of this corporate announcement, there will be no price limit for the trading of shares of the company on this day.