Business Report :
The board of directors of Phoenix Insurance Company has recommended 12 per cent cash dividend for the year ended on December 31, 2023.
The final approval will come during the annual general meeting (AGM) scheduled to be held on July 24 at 3:00 pm through a digital platform, said an official disclosure on Sunday. The record date is June 4. The company has also reported EPS of Tk 1.59, NAV per share of Tk 37.23 and NOCFPS of Tk 0.75 for the year ended on December 31, 2023 as against Tk 2.02, Tk 37.10 and Tk 1.37 respectively for the same period of the previous year.