Pioneer Insurance declares 25 percent cash dividend

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Pioneer Insurance declares 25 percent cash dividend

Pioneer Insurance Company Limited, a listed company in the capital market, has declared dividend for the financial year ended December 31, 2024. The company will pay 25 percent cash dividend to the shareholders for the year in question.

The decision to pay dividend was taken after reviewing and approving the audited financial report of the latest financial year in the meeting of the company’s board of directors held on Wednesday (March 05). This information was revealed by company sources.

According to the source, the company’s earnings per share (EPS) in the year in question was 4 taka 79 paisa. The company’s EPS in the previous year was 4 taka 97 paisa.

The company’s net asset value per share (NAVPS) on December 31, 2024 was 44 taka 65 paisa.

The company’s annual general meeting (AGM) will be held on the digital platform on May 06. The record date for this has been set for April 07.

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