United Insurance Co. of Pakistan Posts Strong Gains with High Dividend Payout

Karachi, United Insurance Co. of Pakistan (UNIC) has demonstrated robust financial health by declaring a 45% dividend for the year, coupled with strong earnings of Rs. 3.12 per share in the first quarter of 2024. The company's stock saw a trading volume of 1,851,000 shares, with prices ranging from Rs. 13.39 to Rs. 12.51. The daily weighted average rate was noted at Rs. 3,467.50. Listed since 1960, the firm maintains a strong presence in the insurance sector.