Mercantile Insurance declares dividend
Stock market Desk , Published: 2023-04-30 16:04:55, Updated: 2023-04-30 16:06:13
The board of directors of capital market listed insurance company Mercantile Insurance Limited has announced 10 percent dividend for shareholders. It’s total cash.
This information is known from DSE sources.
It is known that according to the financial report of the completed financial year, the earnings per share (EPS) of the company has been Tk 1.95.
Besides, the company’s assets per share (NAVPS) at the end of December 31, 2022 stood at Tk 20.78.
The company will hold the Annual General Meeting (AGM) on June 26 to approve this dividend. The record date for this has been fixed on May 21.
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