Eastland Insurance declares 10% cash dividend

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Eastland Insurance declares 10% cash dividend

Stock exchange-listed Eastland Insurance PLC has declared a dividend for the financial year ended December 31, 2024. The company will pay a cash dividend of 10 percent to its ordinary shareholders for the year in question.

At the company’s board of directors meeting on Thursday, April 10, the audited financial accounts of the most recent fiscal year were reviewed and approved, and the dividend decision was made. Sources within the organization disclosed this information.

The source claims that in the most recent year, the company’s earnings per share (EPS) were 1 taka 7 paisa. which, the year before, was 1 taka 14 paisa.

As on December 31, 2024, the company’s net asset value per share (NAVPS) was 21 taka 12 paisa.

Cash flow per share in the latest year was 76 paisa, which was 83 paisa in the previous year.

The company’s Annual General Meeting (AGM) will be held on June 30 at 3 pm via a digital platform. The record date for this has been set for June 2.

 

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