Jubilee General Insurance Co. NC Reports High Dividends and Strong Market Performance

Karachi, Jubilee General Insurance Co. NC (Symbol: JGICL) saw its shares trading at Rs. 40.40, slightly above its daily average of Rs. 40.28. According to information available from the Pakistan Stock Exchange (PSX), JGICL declared dividends of 40% for 2022 and 50% for 2023. The company, holding a substantial paid-up capital of Rs. 1,984.91 million, traded 27,540,000 shares. Since its listing in 1955, JGICL reached a high of Rs. 44.99 and a low of Rs. 27 during the first four months of 2024, reporting an earnings per share of Rs. 7.73 for 2022/2023.