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Monday, 23 September 2019, 08:33AM

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Delta Life approves 26pc cash dividend

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Central Correspondent, Barta24.com | 24 July 2019, 07:31PM

Delta Life approves 26pc cash dividend
Photo: collected

The 33rd Annual General Meeting (AGM) of Delta Life Insurance Company Limited on Wednesday (July 24) approved 26 percent cash dividend for each share of Tk. 10 for the year 2018.

Chairman of the board of directors Lt. Gen. M. Noor Uddin Khan, psc (Retd.) presided over the meeting. The shareholders of the company also approved the annual accounts and balance sheet, according to a statement.

Welcoming the shareholders, the chairman gave a brief overview on the performance and achievement of the company during the year 2018.

`Our strategy is to provide quality insurance service to the people of Bangladesh, and the best investment returns to our policyholders and shareholders too’, he said.

The company earned a premium income of Tk. 664.00 crore, investment and the income of Tk. 289.55 crore in 2018. The life fund of the company stands at Tk. 3829.67 crore in 2018, he added.

Among others, directors of the company Zeyad Rahman, Kazi Fazlur Rahman, Mohammad Shams-Ul Islam, Salahuddin Ahmad, Chief Executive Officer Adeeba Rahman ACII (UK), other senior executives and shareholders were present at the AGM.

Press Release