United Insurance declared 10 percent dividend – 2024-02-28 18:04:47

by times news cr

2024-02-28 18:04:47

The board of directors of United Insurance Company Limited, a listed company in the insurance sector of the capital market, has declared a 10 percent dividend for the shareholders. Its all cash dividends. This dividend has been declared for the shareholders after reviewing the financial report for the year ended 2023 (Jan-Dec).

On Wednesday (February 28), this information was revealed on the website of Dhaka and Chittagong Stock Exchange (DSE-CSE).

This decision regarding dividend was taken after reviewing and approving the audited financial report of the last financial year in the meeting of the board of directors of the company held earlier on Tuesday (February 27).

The Annual General Meeting (AGM) of the company will be held on April 30 to approve the declared dividend to the shareholders. For this, the record date has been fixed on March 21.

The company’s standalone earnings per share (EPS) for the financial year ended at Rs 1.78. The profit per share of the company was Rs 1.75 in the corresponding period of the previous financial year.

Net asset value per share (NAVPS) of the company stood at Tk 31.42 during the reporting period.

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