Janata Insurance Limited, a publicly-traded general insurance company, has declared cash dividends for the year 2021.
In a filing with the Dhaka Stock Exchange (DSE) on Thursday, 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.
Janata Insurance had declared a same as 11 per cent dividend for the previous year. The price moved between Tk 31.60 and Tk 64.60 throughout the last year.
