Two more general insurers -- Asia Insurance and Global Insurance Company -- have declared dividend for the year ended on December 31, 2020.
Global Insurance: The Global Insurance has recommended 10 per cent cash dividend for the year ended on December 31, 2020.
The AGM will be held on August 14 at 11:00am on a digital platform. The record date is on June 22.
The general insurer has also reported EPS of Tk 1.53, NAV per share of Tk 12.75 and NOCFPS of Tk 4.89 for the year ended on December 31, 2020 as against Tk 0.96 (restated), Tk 11.69 (restated) and Tk 3.45 (restated) respectively for the same period of the previous year.
The non-life insurer has also published first quarter (Q1) un-audited financial statements on Wednesday. As per the Q1 reports, the company's EPS stood at Tk 1.02 for January-March 2021 as against Tk 1.00 for January-March 2020.
Each share of the company, listed on the DSE in 2005, closed at Tk 66.40 on Wednesday, soaring 18.36 per cent over the previous day. It was also the day's top gainer.
Its shares traded between Tk 14.10 Tk 69.50 in the last one year.
The company disbursed 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2019.
Asia Insurance: The board of directors of Asia Insurance has recommended 12 per cent cash.
The final approval of the dividend will come during the annual general meeting (AGM) to be held on August 2 at 12:00 noon on a digital platform.
The record date is on June 22, the company said in a filing with the Dhaka Stock Exchange (DSE) on Wednesday.
The non-life insurer has also reported earnings per share (EPS) of Tk 2.34, net asset value (NAV) per share of Tk 20.62 and net operating cash flow per share (NOCFPS) of Tk 5.99 for the year ended on December 31, 2020 as against Tk 1.60, Tk 19.50 and Tk 2.71 respectively for the same period of the previous year.
The insurer also published first quarter (Q1) un-audited financial statements for January-March, 2021 on Wednesday. As per the Q1 reports, the company's EPS stood at Tk 0.74 for January-March 2021 as against Tk 0.60 for January-March 2020.
Each share of the company, listed on the DSE in 2009, closed at Tk 103.60 on Wednesday, losing 7.33 per cent over the previous day.
The company disbursed 10 per cent cash dividend for the year ended on December 31, 2019.
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