Askari General Insurance Co. Announces Strong Dividend Amid Market Stability

Karachi, Askari General Insurance Co. (AGIC), trading under the symbol AGIC, has announced a dividend of 29% with an additional 32.50%, reflecting robust profitability in the sector. The company’s stock closed at 18.59 RS with a slight variation in its daily weighted average rate at 18.88 RS. According to information available from the Pakistan Stock Exchange (PSX), the paid-up capital stands at 719.02 million RS. AGIC’s trading performance remained solid, with a turnover of 1,012,500 shares, reaching a high of 22.5 RS and a low of 17.31 RS between January and April 2024. The earnings per share for 2022/2023 were reported at 4.82 RS.