Four Insurance cos recommend divided

Last updated: April 28, 2013

Dhaka, Bangladesh (BBN): Four Insurance companies---Standard Insurance, Agrani Insurance, Federal Insurance and Karnaphuli Insurance recommended dividend on Sunday.

Standard Insurance: The Board of Directors of Standard Insurance has recommended 15 per cent stock dividend for the year ended on December 31, 2012.
Date of AGM: 23.06.2013, Time: 10:30 AM, Venue: Spectra Convention Center Limited, House #19, Road #7, Gulshan-1, Dhaka-1212. Record Date: 14.05.2013.

The Company has also reported EPS of BDT 2.97, NAV per share of BDT 16.09 and NOCFPS of BDT 7.99 for the year ended on December 31, 2012.

Agrani Insurance: The Board of Directors of Agrani Ins has recommended stock dividend @ 10% for the year ended on December 31, 2012.

Date of AGM: 23.06.2013, Time: 10:30 AM, Venue: Institution of Diploma Engineers, Bangladesh, 160/A, Kakrail, VIP Road, Dhaka. Record Date: 08.05.2013.
The Company has also reported EPS of BDT 1.73, NAV per share of BDT 14.39 and NOCFPS of BDT 3.09 for the year ended on December 31, 2012.

Federal Insurance: The Board of Directors of Federal Insurance recommended 12 per cent stock dividend for the year ended on December 31, 2012.
Date of AGM: 29.06.2013, Time: 11:00 AM, Venue: Multipurpose Hall, IDEB Bhaban, 160/A Kakrail, VIP Road, Dhaka. Record Date: 15.05.2013.

The Company has also reported EPS of BDT 1.23, NAV per share of BDT 12.30 and NOCFPS of BDT 1.68 for the year ended on December 31, 2012.

Karnaphuli Insurance: The Board of Directors has recommended cash dividend @ 12.50% ( Tk. 1.25 per share of Tk. 10.00 each) for the year ended on December 31, 2012.

Date of AGM: 11.06.2013, Time: 10:30 AM, Venue: Institution of Diploma Engineers, 160/A, Kakrail, VIP Road, Dhaka. Record Date: 09.05.2013.
The Company has also reported Profit after tax of BDT 57.62 million, EPS of BDT 1.56, NAV per share of Tk. 19.42 and NOCFPS of BDT 2.32 for the year ended on December 31, 2012.

BBN/BB/AD/28Apr-13-11.15an (BST).

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