Asia Pacific and Eastland Insurance declare dividends

Staff Reporter: Asia Pacific Insurance and Eastland Insurance Limited have declared dividends. The dividend decision was taken after the financial statements of the two companies were reviewed and approved at a meeting on Thursday.

Asia Pacific Insurance Limited The company has declared a cash dividend of 10 per cent for the year ended. In the last year, the company’s earnings per share (EPS) has been 1 74 paise. Last year, the EPS was 1 57 paise.

Last year, the company’s net operating cash flow per share (NOCFPS) was 2 to 10 paise. Last year, the cash flow was 2 rupees 57 paise.

On December 31, 2019, the company’s net asset value per share (NAVPS) was 19 rupees 7 paise.

The company’s 20th Annual General Meeting (AGM) is scheduled for Thursday, August 20, and the record date is set for Monday, July 26.

Eastland Insurance Limited: The company has declared 5 per cent cash dividend and 5 per cent bonus dividend for the year ended. The latest earnings per share (EPS) of the company has been 1 45 paise. Last year EPS was 1 taka 41 paise.

Last year, the company’s net operating cash flow per share (NOCFPS) was 8 paise. Last year, the cash flow was 69 paise.

On December 31, 2019, the company’s net asset value per share (NAVPS) was Rs. The Annual General Meeting (AGM) is scheduled for September 3 and the record date is set for August 8.