Popular Life Insurance recommends 20% cash dividend for 2025
According to disclosure, the net asset value per share of Popular Life Insurance stood at Tk78.10 at the end of 2025
Popular Life Insurance, a listed insurer, has recommended a 20% cash dividend for its shareholders for 2025.
Despite a 42% decline in its earnings per share (EPS) compared to the previous year, the company recommended the same dividend it had paid earlier, according to data published today (28 June) on the stock exchange's website.
Following the dividend declaration, its shares price declined by 1.12% to close at Tk61.60 each at the Dhaka Stock Exchange (DSE).
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Calculating its outstanding shares with the EPS, Popular Life Insurance profit stood at Tk8.88 crore, a significantly down from Tk15.32 crore in 2024.
According to disclosure, the net asset value per share of Popular Life Insurance stood at Tk78.10 at the end of 2025, and its net operating cash flow per share stood at negative at Tk18.86.
In 2025, its net asset value declined while its net cash negative widened significantly, the disclosure showed.
At the end of 2024, its net asset value was Tk89.01, and cash flow was negative at Tk3.45.
To secure the shareholders nod on the recommended dividend, the insurer scheduled an annual general meeting on 22 September through the virtually digital platform.
To identify its shareholders, the record date has been fixed on 20 August.
On 21 May, the insurer informed its board that it had decided to construct a joint venture multi-storied building on the company's own land located in the capital's Badda area on 115.56 decimal land. Popular Life Insurance got listed on the bourse in 2005.
As of May, out of its total shares, sponsor-directors held 23.70% stake, while institutional investors 24.57% and general public held 51.73% stake.
