Three insurers declare dividends

Three insurance companies declared dividends for the year 2021.

Janata insurance Board of Directors has recommended an 11 per cent which was 6 per cent cash and 5 per cent stock dividend to its shareholders for the year, while the record date has been set as July 7.

These are the company’s highest dividend figures since 2013.

The earnings per share (EPS) of Janata Insurance increased 1.68 per cent to Tk 1.21 in the year ended on December 31, 2021, which was Tk 1.19 in the previous year.

Its Net Operating Cash Flow per Share (NOCFPS) also increased to Tk 1.92 in 2021, from Tk 1.42 in 2020.

The company’s Net Asset Value (NAV) per share increased to Tk 14.41 from Tk 13.76 in 2020.

Prime Insurance Board of Directors has recommended 15 per cent cash dividend for the year ended December 31, 2021, while the record date has been set as July 12.

The Company has also reported EPS of Tk 2.01, NAV per share of Tk 18.63 and NOCFPS of Tk 4.12 for the year ended December 31, 2021 as against Tk 1.31, Tk 17.62 and Tk 4.54 respectively for the same period of the previous year.

Union Insurance Board of Directors has recommended 5 per cent cash dividend for the year ended December 31, 2021, while the record date has been set as July 20.

The Company has also reported EPS of Tk 1.58, NAV per share of Tk 15.39 and NOCFPS of Tk 2.06 for the year ended December 31, 2021 as against Tk 2.14, Tk 17.39 and Tk 5.26 respectively for the same period of the previous year.