Nine more listed cos recommend dividends

The board of directors of nine more listed companies, including three banks, have recommended dividend for the year ended on December 31, 2017.

Of them, only three recommended higher dividends than that of the previous year, two lower and four others similar to previous year, according to separate official disclosures posted on the Dhaka bourse's website on Monday.

Jamuna Bank: The board of directors recommended 22 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 (AGM) scheduled to be held on June 24 in Dhaka. The record date for entitlement of the dividend is on May 22.

In 2016, the bank disbursed 20.50 per cent cash dividend.

Trust Bank: The board of directors recommended 20 per cent cash dividend for the year ended on December 31, 2017. The AGM will be held on June 23 and the record date is on May 22.

In 2016, the bank disbursed 15 per cent cash and 5.0 per cent stock dividend.

Dhaka Bank: The board of directors recommended 12.50 per cent stock dividend for the year ended on December 31, 2017. The AGM will be held on June 28 and the record date is on May 21.

In 2016, the company also disbursed 10 per cent cash and 5.0 per cent stock dividend.

Dhaka Insurance: The board of directors recommended 12.50 per cent cash dividend for the year ended on December 31, 2017.

The AGM will be held on June 25 and the record date is on May 24.

In 2016, the company disbursed 12 per cent cash dividend.

Islami Insurance: The board of directors recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2017.

The AGM will be held on July 14 and the record date is on May 22.

In 2016, the company disbursed 10 per cent stock dividend.

Asia Pacific Insurance: The board of directors recommended 15 per cent cash dividend for the year ended on December 31, 2017.

The AGM will be held on June 24 and the record date is on May 29.

In 2016, the company disbursed 10 per cent stock dividend.

Central Insurance: The board of directors recommended 12 per cent cash dividend for the year ended on December 31, 2017.

The AGM will be held on June 25 and the record date is on May 23.

In 2016, the company disbursed 7.0 per cent cash and 5.0 per cent stock dividend.

Agrani Insurance: The board of directors recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2017.

The AGM will be held on June 28 and the record date is on May 23.

In 2016, the company disbursed 7.0 per cent cash and 3.0 per cent stock dividend.

Phoenix Insurance: The board of directors recommended 16 per cent cash dividend for the year ended on December 31, 2017.

The AGM will be held on June 27 and the record date is on May 29.

In 2016, the company disbursed 15 per cent cash dividend.

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