The board of directors of three more insurance companies—Pioneer Insurance, Eastern Insurance and Rupali Insurance Company –have recommended dividend for the year ended on December 31, 2017.
Pioneer Insurance: The board of directors of Pioneer Insurance has recommended 15 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Thursday.
The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on June 27 in Dhaka.
The record date for entitlement of dividend is May 22.
The company has also reported EPS (after tax) of Tk 3.43, NAV per share of Tk 41.71 and NOCFPS of Tk 2.94 for the year ended on December 31, 2017 as against Tk 2.55, Tk. 31.60 and Tk 0.70 respectively for the same period of the previous year.
Eastern Insurance: The board of directors of Eastern Insurance has recommended 20 per cent cash dividend for the year ended on December 31, 2017.
The AGM will be held on July 25 and record date is on May 29.
The Company has also reported EPS of Tk 3.47, NAV per share of Tk 40.76 and NOCFPS of Tk 3.10 for the year ended on December 31, 2017 as against Tk 3.33, Tk. 39.25 and Tk 3.42 respectively for the same period of the previous year.
Rupali Insurance: The board of directors of Rupali Life Insurance has recommended 5.0 per cent cash dividend and 5.0 per cent stock dividend for the year ended on December 31, 2017.
The final approval of the dividend will come during the annual general meeting scheduled to be held on July 4 in Dhaka.
The record date for entitlement of dividend is May 24.
The company has also reported EPS of Tk 2.01, NAV per share of Tk 22.20 and NOCFPS of Tk 1.73 for the year ended on December 31, 2017 as against Tk 1.75 (restated), Tk 22.64 and Tk. 1.54 (restated) respectively for the same period of the previous year.
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