IGI Holdings Marks High Dividend Payout and Strong EPS

Karachi, IGI Holdings Ltd. (IGIHL), known for its significant presence in the insurance sector, has announced a 60% dividend for the year, up from 42.50% in the previous period. The company reported a robust earnings per share (EPS) of Rs. 105 for January-March 2024, reflecting its solid financial health. With a paid-up capital of Rs. 1,426.31 million and a market lot of 100, IGI Holdings’ share price has been trading at approximately Rs. 117.39 to Rs. 117.84. The company, listed in 1987, has its book closure date set for April 23.