AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, United Insurance Company of Pakistan Limited has announced the payment of interim cash dividend at the rate of 10% (Rs. 1.00 per share) to its entitled shareholders. The payment was electronically credited on May 10, 2023, into the valid International Bank Account Numbers (IBAN) of the shareholders.
The payment of interim cash dividend is a distribution of a portion of the company’s earnings to its shareholders before the annual financial statements are finalized. It is a way to provide regular income to shareholders while retaining sufficient funds for the company’s future growth and expansion.
The payment of dividend at the rate of 10% represents the commitment of United Insurance Company of Pakistan Limited to its shareholders and its strong financial performance. The payment will provide a boost to the company’s shareholders and encourage investment in the company.