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Six more listed companies, including three banks, recommended dividend last week ranging between 10 per cent and 30 per cent for the year ended on December 31, 2017.
The companies are: Premier Bank, Standard Bank, Pubali Bank, Takaful Islami Insurance, Uttara Finance and City General Insurance Company.
Premier Bank: The board of directors of Premier Bank has recommended 15 per cent stock dividend for the year ended on December 31, 2017.
The final approval of the dividend will come during the annual general meeting scheduled to be held on May 14 in Dhaka.
The record date for entitlement of the dividend is April 25.
The company has also reported consolidated earnings per share of Tk 2.83, consolidated net asset value per share of Tk 18.91 and consolidated net operating cash flow per share of Tk 3.58 for the year ended on December 31, 2017 as against Tk 2.30, Tk 17.12 and Tk 2.82 respectively for the same period of the previous year.
Each share of the bank, which was listed on the Dhaka bourse in 2007, closed at Tk 14.230 on Thursday at the Dhaka Stock Exchange (DSE), gaining 0.70 per cent over the previous day.
Standard Bank: The board of directors of Standard Bank recommended 10 per cent stock dividend for the year ended on December 31, 2017.
The annual general meeting will be held on May 10 in Dhaka. The record date for entitlement of dividend is April 25.
The banks has also reported consolidated EPS of Tk 1.56, consolidated NAV per share of Tk 16.94 and consolidated NOCFPS of Tk 0.84 for the year ended on December 31, 2017 as against Tk 1.37, Tk. 15.88 and Tk 0.38 respectively for the same period of the previous year.
Each share of the bank, which was listed on the Dhaka bourse in 2003, closed at Tk 12.70 on Thursday, losing 2.31 per cent over the previous day.
Pubali Bank: The board of directors of Pubali Bank has recommended 10 per cent stock dividend for the year ended on December 31, 2017.
The final approval will come during the annual general meeting scheduled to be held on May 10 in Dhaka. The record date is on April 19.
Each share of the bank, which was listed on the Dhaka bourse in 1984, closed at Tk 24.60 on Thursday.
Takaful Insurance: The board of directors of Takaful Islami Insurance has recommended 5.0 per cent cash and 6.0 per cent stock dividend for the year ended on December 31, 2017.
The AGM will be held on May 13 and record date is on April 23.
The company has also reported EPS of Tk 1.90, NAV per share of Tk. 17.49 and NOCFPS of Tk 0.59 for the year ended on December 31, 2017 as against Tk 1.30, Tk 15.99 and Tk 1.89 respectively for the same period of the previous year.
Each share of the company, which was listed on the DSE in 2008, closed at Tk 25.60 on Thursday.
Uttara Finance: The board of directors of Uttara Finance & Investments has recommended 30 per cent cash dividend for the year ended on December 31, 2017.
The AGM will be held on May 24 in Dhaka. The record date is on April 26.
The company has also reported EPS of Tk 7.25, NAV per share of Tk 49.62.
Each share of the company, which was listed on the DSE in 1997, closed at Tk 68.60 on Thursday.
City General Insurance: The board of directors of City General Insurance has recommended 10 per cent stock dividend for the year ended on December 31, 2017.
The AGM will be on May June 10. The record date is on April 26.
The company has also reported EPS of Tk 1.10 and NAV per share of Tk 15.76 for the year ended on December 31, 2018.
Each share of the company, which was listed on the DSE in 2007, closed at Tk 16.20 on Thursday.