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Nitol Insurance Declares Dividends, Q1 Financials

Nitol Insurance

One of the Listed insurance companies, Nitol Insurance Company Limited has recommended 10.5% Cash Dividend for the year ended December 31, 2023.

In terms of financial performance, The Company has also reported Consolidated EPS  of Tk. 1.48 for the year ended December 31, 2023.

The Annual General Meeting (AGM) of the company will be held on June 27, through the digital platform. The record date for this has been fixed at May 19.

Q1 Financials: The company’s earnings per share Consolidated EPS was Tk. 0.42 for January – March 2024 as against Consolidated EPS of Tk 0.49 for January – March 2023. As of March 31, 2024, net asset value (NAVPS) was Tk 30.84 paisa.

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