Jubilee General Insurance Announces Increase in Dividend Amid Strong Earnings

Karachi, Jubilee General Insurance Co. has reported an EPS of Rs. 28.5 for the first quarter of 2024, while also announcing an increase in its dividend payout to 50% from the previous year's 40%. The company, established in 1955 with a paid-up capital of Rs. 1,984.91 million, saw its shares trade at a daily weighted average rate of Rs. 28.08. A significant turnover of 1,329,000 shares was recorded, indicating strong investor interest in Jubilee General's financial health and growth prospects.