Popular Life Insurance Announces 20% Dividend Despite EPS Decline

Popular Life Insurance has announced a cash dividend of 20% for its shareholders in 2025, marking consistency despite a 42% downturn in earnings per share (EPS) compared to the previous year. This dividend aligns with prior distributions, as reported on the stock exchange website on June 28. However, the company's share price fell by 1.12% following the announcement, closing at Tk61.60 on the Dhaka Stock Exchange (DSE).

The firm recorded a profit of Tk8.88 crore for the year from its outstanding shares and EPS, a decrease from Tk15.32 crore in 2024. Financial disclosures indicate a net asset value per share of Tk78.10 at the end of 2025, showing a drop from Tk89.01 at year-end 2024, alongside a troubling negative net operating cash flow per share of Tk18.86, up from Tk3.45.

An annual general meeting via a virtual platform is scheduled for September 22 to formalize the dividend proposal, with the shareholder record date set for August 20. Additionally, on May 21, company's board approved a project to build a multi-storied structure on its own property in Badda, Dhaka. Having been listed on the stock exchange since 2005, the company’s shareholding structure in May comprised 23.70% sponsor-directors, 24.57% institutional investors, and 51.73% general public.