FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

Janashakthi says tops sector in dividend returns to shareholders Vote_lcap68%Janashakthi says tops sector in dividend returns to shareholders Vote_rcap 68% [ 178 ]
Janashakthi says tops sector in dividend returns to shareholders Vote_lcap18%Janashakthi says tops sector in dividend returns to shareholders Vote_rcap 18% [ 47 ]
Janashakthi says tops sector in dividend returns to shareholders Vote_lcap13%Janashakthi says tops sector in dividend returns to shareholders Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by apple Today at 12:19 am

» CAL Initial Public Offer
by abey Today at 12:17 am

» HSenid IPO
by abey Today at 12:09 am

» CLC...DONT PANIC
by sureshot Yesterday at 10:53 pm

» Don't marry a stock, marry the idea of making money trading stocks. That's the only way to do it.
by Asoka Samarakone Yesterday at 9:03 pm

» Beware of Fabricated news on CLC
by Surajmp Yesterday at 6:55 pm

» LOLC Group Share Rise Imminent
by Winner123 Yesterday at 6:46 pm

» LOLC Advanced Technologies launches RT-LAMP Covid 19 Test Kit in Sri Lanka
by samaritan Yesterday at 4:37 pm

» NAMU/WATA super gain
by cseguide Yesterday at 12:20 pm

» WATA and other plantation stocks
by cseguide Yesterday at 12:17 pm

» SEMB.N and SEMB.X
by adjoseph Yesterday at 11:59 am

» LOFC Direction
by stockchaser Yesterday at 5:59 am

» CLC - Bull & Bear LOCKED HORNS - can blast at any time.
by D.G.Dayaratne Fri Dec 03, 2021 8:07 pm

» ඔමික්‍රෝන් ලංකාවට ඇතුලු වෙයි
by stockchaser Fri Dec 03, 2021 6:28 pm

» CLC - worth the Investment
by Captain Fri Dec 03, 2021 6:18 pm

» LOLC waiting for LOFC 100+ and CLC 100+
by Captain Fri Dec 03, 2021 6:17 pm

» Water For All - CIND
by LHW Fri Dec 03, 2021 5:37 pm

» COCR can be attractive
by C.THARANGA Fri Dec 03, 2021 1:22 pm

» SCAP just about to run
by Swissinvest Fri Dec 03, 2021 12:23 pm

» NP Rumored to enter SCAP
by Swissinvest Fri Dec 03, 2021 10:42 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Janashakthi says tops sector in dividend returns to shareholders

Janashakthi says tops sector in dividend returns to shareholders

4 posters

Go down  Message [Page 1 of 1]

CSE.SAS

CSE.SAS
Global Moderator

Janashakthi Insurance PLC offers the highest dividend yield among other local insurance, making the stock an attractive investment for stock market investors, officials said.

For the year ended March 31, 2013, the company paid out an annual dividend yield of 9.52 percent, the highest among insurers, it claimed in a media statement released earlier this week.

"We always look to maximise returns to our shareholders, who have placed their faith in our company, At the price point, our stock is quite affordable for even small to midsize investors looking to add value to their equity investment portfolios," Prakash Schaffter, Managing Director of Janashakthi Insurance said.

Janashakthi Insurance PLC. moved up to the main board of Colombo Stock Exchange in April this year. "Janashakthi continues to reflect a very healthy stated capital structure of LKR 1.4 Bn which  is over seven times the required level of capital for its business operation. We have the highest stated share capital of any listed insurance company. Insurance is a long-term business and the stated share capital gives a strong signal of commitment and stability to stakeholders of the sustainability of the business," added Schaffter.

The share price currently trades at around Rs. 12.00 as against insurance peers whose counters are priced several times higher. Strangely while Janashakthi has stayed below the radar as a hot stock pick it has consistently topped the category in dividend returns in recent years.

The company’s competitive edge is maintained through its extensive 100 plus branch-network, its islandwide network of 273 motor assessors and their own unique to category Full option Auto Centre, and 24 hour Call Centre.

Janashakthi  Insurance PLC posted record profits for the year 2012, vaulting over the LKR 8 Billion mark to LKR 8.26 Bn in total net income .  Stringent cost control coupled with the company’s strategy of prudent underwriting resulted in record profit after tax of LKR 800 Mn. This reflected an accelerated growth of 62%,that shows the companies gathering momentum in market dominance.

Janashakthi Insurance PLC has served the nation for 18 years, and continues its growth trajectory in Sri Lanka’s insurance sector. Janashakthi has an exceptional track record of financial stability and claim settlement, with LKR 15.8 Bn in assets and over LKR 7.9 billion in annual gross written premiums. Janashakthi has paid over LKR 20 Bn in claims to its policyholders to date from inception.

Janashakthi’s Board has established internal control systems, including a comprehensive risk identification, measurement and mitigation process. The composition of the Board is exemplary on many fronts, providing a proper balance of non-executive independent directors and gender diversity.?The Board consists of W.T. Ellawala (Chairman), C.T.A. Schaffter (Deputy Chairman), Prakash Schaffter, L.C.R. de C. Wijetunge, Manjula Mathews, Deshamanya Dr. Nihal Jinasena, Ramesh Schaffter, Eardley Perera and Anushya Coomaraswamy.

Janashakthi recently further upped its game in corporate reporting and received a platinum award from the League of of American Communications Professionals (LACP) for their Annual Report, ‘A Transformative Spirit’. JIPLC was also recognised previously by the Institute of Chartered Accountants and South Asian Federation of Accountants for the 2011 Annual Report and was recognised by the Chamber of Commerce for their CSR initiative of supporting Rural Athletes and was recognised by ACCA for Corporate Governance practices and disclosures.
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=79684

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

This should come further below before enter. Its a good dividend paying

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Yes we need a good entry point before jumping

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Did you sell your you said you collected?



@traderathome wrote:Yes we need a good entry point before jumping

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

DIAL (BB @ cmp)
JINS (BB @ XX.0X)
PLC
VONE (BB @ XX.5X)
NEST
CTC
SHL (BB @ XX.5X)
LLUB
KOTA (BB @ cmp)
HNBN (BB @ cmp)
SAMP (BB @ cmp)
LION
BFL

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

My new entry point for Jins is below Rs 12.00

Sponsored content



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum