Pragati Insurance announces 27% dividend

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Pragati Insurance announces 27% dividend

Pragati Insurance Limited, listed on the capital market, has declared a dividend for the financial year ended December 31, 2024. The company will pay 27 percent dividend to shareholders for the year in question. Out of this, 20 percent is cash dividend. The remaining 7 percent is bonus.

The decision on dividend was taken after reviewing and approving the audited financial report of the latest financial year at the meeting of the company’s board of directors held on Thursday (April 17). This information was revealed by company sources.

According to the source, the company’s earnings per share (EPS) in the year in question was 5 taka 61 paisa. The previous year’s EPS was 5 taka 01 paisa (restated).

The company’s net asset value per share (NAVPS) as of December 31, 2024 was 57 taka 58 paisa.

The company’s annual general meeting will be held on June 19 at 12 noon through a digital platform to approve the declared dividend. The record date for this has been set for May 19.

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