Rupali Insurance Company Limited (RICL) has approved 15 per cent dividend - 10 per cent cash dividend and 5 per cent stock dividend - for its shareholders for the year that ended on December 31, 2014.
The approval came at the 27th annual general meeting (AGM) of the company held at the Officers' Club on Bailey Road in the city's Ramna area on Friday, said a press release.
The company's Chairman Mostafa Golam Quddus presided over the meeting with attending a large number of shareholders.
RICL Directors KM Farookh, Kazi Maniruzzaman, Jinnat Ali Mian, Md Sirajul Huq, Fazlutun Nessa, Mostafa Quamrus Sobhan, Shafia Sobhan Chowdury, Abu Hena, Aftab Ahmed and Tasnia Quamrun Anika, Management and Financial Consultant M Azizul Huq, Chief Ececutive Officer PK Roy and Company Secretary ASM Rashed slso attended the meeting.
They congratulated the Board of Directors as well as the management for their good performance during the year 2014 despite somewhat slow-down of business activities in the economy and unfair competition in the industry.