Adamjee Insurance Co. Ltd. Maintains Strong Dividend as Shares Surge

Karachi, Adamjee Insurance Co. Ltd. (AICL), a longstanding entity in the insurance sector since 1961, has maintained a steady 30% dividend payout, trading today at Rs. 35.02. The company’s daily weighted average rate peaked at Rs. 40.53 with a substantial turnover of 29,118,000 shares. AICL posted an EPS of Rs. 7.39 for the January to March 2024 period.