Dividend Declaration of Popular Life and Phoenix Finance

Senior Reporter: Popular Life Insurance Company Limited will pay 40% cash dividend to the shareholders in the year ended. At the same time, Phoenix Finance and Investments Limited will pay 12 percent dividend to the shareholders in the year ended. Of this, 6 per cent is cash and 6 per cent is bonus dividend.

The board of directors of the two companies made the decision on Thursday (June 24) after reviewing and approving the audited financial statements for the last financial year.

According to company sources, Popular Life Insurance Company Limited has set August 24 as its Annual General Meeting (AGM) and July 18 as the record date.

Phoenix Finance and Investments Limited’s EPS last year was Tk 1.38 paise and the previous year’s EPS was Tk 1.89 paise. The company’s annual general meeting (AGM) is set for September 30 and the record date is set for July 29.

Source: Daily StockBangladesh by www.dailystockbangladesh.com.

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