Jubilee Life Insurance Reports Strong Dividend and EPS

Karachi, Jubilee Life Insurance Co. (JLICL) has declared a substantial dividend of 130% with an additional 15% bonus for the year, maintaining the same dividend payout as the previous period. The company revealed an earnings per share (EPS) of Rs. 128 for January-March 2024, indicating strong financial performance. Jubilee Life Insurance, with a paid-up capital of Rs. 1,003.53 million and a market lot of 100, has seen its share price move to approximately Rs. 132.50 to Rs. 131.15. Listed in 1996, the company’s book closure date is scheduled for April 19.