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Peoples Insurance offers 10.50% cash dividend

Staff Correspondent
17 Apr 2023 00:00:00 | Update: 16 Apr 2023 23:08:57
Peoples Insurance offers 10.50% cash dividend

Peoples Insurance Company Ltd declared a 10.50 per cent cash dividend for its shareholders for the year ended in December 2022.

With a net profit of Tk 12 crore, the insurer registered a 1.16 per cent profit rise last year than that in the previous year, as per a DSE filing on Sunday.

The company's earnings per share (EPS) stood at Tk 2.61, while its net asset value (NAV) per share was Tk 31.44, and net operating cash flow per share (NOCFPS) was Tk 3.49 for the year ended in December 2022.

On the other hand, Takaful Islami Insurance Ltd has reported its first quarterly un-audited results on Sunday.

The insurer's EPS was Tk 0.37 for the January-March quarter of 2023, compared to Tk 0.36 for the same period of the previous year.

Its NOCFPS was Tk 0.39 for the same quarter of 2023, down from Tk 0.42 for the same period of the previous year.

Its NAV per share was Tk 19.32 as on March 31, 2023, showing a slight increase from Tk 18.94 as on December 31, 2022.

On Sunday, Peoples Insurance and Takaful Islami Insurance shares closed at Tk 31.90 per share and Tk 42.10 per share, respectively on the DSE trading floor.

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