Pragati Insurance declares 30% dividend for 2022 | The Business Standard
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SUNDAY, JUNE 15, 2025
Pragati Insurance declares 30% dividend for 2022

Stocks

TBS Report
09 April, 2023, 11:30 am
Last modified: 09 April, 2023, 11:41 am

Related News

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  • Subversion case: Pragati Insurance Chairman Altaf Hossain arrested
  • Pragati Life fund rises 2% in Jan-Mar
  • Pragati Life Insurance declares 12% cash dividend

Pragati Insurance declares 30% dividend for 2022

TBS Report
09 April, 2023, 11:30 am
Last modified: 09 April, 2023, 11:41 am
Pragati Insurance declares 30% dividend for 2022

Pragati Insurance has declared a 30% dividend for its shareholders for 2022, of which 25% will be provided in cash and 5% in the stock.

Earlier in the previous year, the insurer had paid a 35% cash dividend to its shareholders.

After its board of directors meeting on Sunday, the dividend declaration was disclosed on the Dhaka Stock Exchange (DSE) website.

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According to the disclosure, the insurer has reported earnings per share (EPS) of Tk5.65, which was Tk5.72.

The net asset value (NAV) per share stood at Tk59.01 and the net operating cash flow per share (NOCFPS) Tk6.84 for the year ended 31 December 2022, which was Tk57.32 and Tk12.09 respectively for year that ended on 31 December 2021.

The annual general meeting (AGM) of Pragati Insurance will be held on 8 June through the digital platform and to identify shareholders, the record date has been fixed on 10 May. 

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Pragati Insurance Ltd / Pragati Insurance

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