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Pragati Insurance declares 30% dividend

Pragati Insurance declares 30% dividend
Photo: Collected
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Pragati Insurance board of directors recommended a 30 per cent dividend for the year ended 31 December 2025, comprising 27 per cent in cash and 3 per cent in stock.

For 2025, the non-life insurer’s earnings per share rose slightly to Tk5.31 from Tk5.24 in 2024. Net asset value per share increased to Tk57.36 from Tk53.82 a year earlier.

However, net operating cash flow per share declined to Tk1.44 from Tk3.13 in the previous year.

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The company in a regulatory disclosure through the Dhaka Stock Exchange (DSE) said on Monday that the bonus shares aim to increase paid-up capital and strengthen its financial position in both domestic and global markets.

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It said the stock dividend has been fully sourced from retained earnings and not from capital reserve, revaluation reserve, unrealised gains, or pre-incorporation profits.

The company also assured that post-dividend retained earnings will remain positive and will not result in a debit balance.

The annual general meeting is scheduled for 18 June, while the record date for dividend entitlement is 12 May.

Pragati Insurance shares closed at Tk72.90 on the DSE on Monday, slightly lower than the previous session.

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