Guardian Life Insurance Announces 15% Cash Dividend Declaration
Guardian Life Insurance Limited has officially declared a 15% cash dividend for its shareholders in the year 2022 during its 10th Annual General Meeting (AGM).
This dividend announcement mirrors Guardian Life’s ongoing commitment to enhancing shareholder value, a dedication that has been a driving force behind the company’s exceptional business performance since its establishment.
The company has consistently delivered value to its shareholders in the past, with a distribution of a 15% cash dividend in 2021 and an 85% stock dividend in 2019, following a chronological sequence.
Since its establishment in 2013, Guardian Life Insurance, a fourth-generation life insurance firm sponsored by Apex, Brac, and Square, has consistently showcased growth across all financial metrics.
With investments amounting to Tk407 crore and maintaining impressive Compound Average Growth Rates (CAGR) of 25% in the life fund, 21% in gross premium, and 26% in assets, the company has established itself as a standout player.
The company’s financial stability is underscored by its AA3 credit rating from the Credit Rating Agency of Bangladesh (CRAB).
These commendable achievements are the direct result of a strategic vision, sound decision-making, and an unwavering commitment to excellence demonstrated by the Guardian Life team.
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Renowned for its integrity and efficiency in claim settlement, Guardian Life has disbursed claims totaling Tk1,500 crore to date, maintaining an impressive claim payout ratio of 98%.
The company remains steadfast in its mission to become a beacon of good governance and dependable services, aiming to set the benchmark for the industry.
