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The board of directors of Export Import (EXIM) Bank of Bangladesh has recommended 10 per cent cash dividend for the year ended on December 31, 2018.
The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on June 17 in Dhaka, said an official disclosure.
The record date for entitlement of dividend is May 20.
The bank has also reported consolidated earnings per share (EPS) of Tk 1.65, consolidated net asset value (NAV) per share of Tk 19.98, and consolidated net operating cash flow per share (NOCFPS) of negative Tk 4.37 for the year ended on December 31, 2018 as against Tk 2.34, Tk 19.58, and Tk 4.02 respectively for the same period of the previous year.
In 2017, the bank also disbursed 12.50 per cent cash dividend.
There will be no price limit on the trading of the shares of the bank on Sunday next (April 28) following its corporate declaration.
Each share of the bank, which was listed on the Dhaka bourse in 2004, closed at Tk 11.30 on Thursday.
Last year, the company's share traded between Tk 9.0 and Tk 14.90 each.
The bank’s paid-up capital is Tk 14.12 billion and authorised capital is Tk 20 billion while the total number of securities is 1.41 billion.
The sponsor-directors own 40.66 per cent stake in the bank, while the institutional investors own 18.76 per cent, foreign investors 3.89 per cent, and the general public 36.69 per cent as on March 31, 2018, the DSE data shows.