3 months ago

United Insurance declares a 10pc cash dividend

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The board of directors of the United Insurance Company Limited has recommended a 10 per cent cash dividend for its shareholders for the year ended on December 10, 2023.

United Insurance paid the same dividend to its shareholders in the year before.

The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on 30 April at 11:00 am through the digital platform

The record date is set on March 21, the company said in a filing with the Dhaka Stock Exchange (DSE) on Wednesday.

Its earnings per share (EPS) in 2023 increased to Tk 1.78, which was Tk 1.75 in 2022.

The company said, its EPS has increased due to increased premium income interest income and unrealised gain in investment.

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