Pragati Life Insurance declares 15% cash, 10% stock dividend for 2025

Pragati Life Insurance Limited has recommended a 15% cash
dividend and a 10% stock dividend for the financial year ended 31 December,
2025, following a board review of its audited financial statements.
The
announcement was made through a price-sensitive information disclosure
published by the Dhaka Stock Exchange yesterday (21 June). Shareholders on
record as of 14 July, 2026 will be eligible for the dividend, pending approval
at Annual General Meeting (AGM).
The
company said the stock dividend has been recommended to support building
construction and modernisation, increase paid-up capital, and facilitate
further investments.
DSE also announced that there would be no price limit on
the trading of the company's shares today following the corporate declaration.
Investor
sentiment remained positive after the announcement, with the company's share
price rising 2.64% to Tk186.90 on the Dhaka Stock Exchange yesterday.
Alongside
the dividend declaration, Pragati Life also released its unaudited financial
results for the first quarter (January-March) of 2026.
According
to the life revenue account, the company's surplus, defined as the excess of
total income over total expenses including claims, stood at Tk38.24 crore
during the quarter, compared with Tk15.73 crore in the corresponding period of
the previous year. This represents a year-on-year increase of approximately
143%.
The company's Life Insurance Fund also recorded significant growth. As of 31
March, 2026, the fund stood at Tk818.56 crore, compared with Tk674.87 crore a
year earlier, reflecting an increase of about Tk143.69 crore.
In
the first quarter (January- March) 2026, the company paid Tk100 crore out of
Tk105 crore claims.
Established
in 1996, Pragati Life Insurance is one of the oldest private-sector life
insurers in Bangladesh. The company offers a range of life insurance products,
including individual life policies, group insurance schemes, pension plans, and
savings-based insurance products. It serves customers across the country
through an extensive branch network.
Market
observers say the dividend declaration sends a positive signal to shareholders.
The strong growth in both quarterly surplus and the Life Insurance Fund
indicates an improvement in the company's financial position.
Amid
increasing competition in the insurance sector, the robust growth in income and
fund size is expected to strengthen investor confidence in the company's future
prospects.
The
proposed dividend, however, remains subject to approval by shareholders at the
AGM and the necessary regulatory clearances.
















