Dhaka, Bangladesh (BBN)-Two life insurance companies – National Life Insurance Co Ltd and Rupali Life Insurance Company Ltd recommended dividend for the year ended on December 31 in 2014, said separate office disclosure on Sunday.
NATIONAL LIFE: National Life Insurance Co Ltd has recommended 45 per cent cash dividend for the year ended on 31 December 2014.
The final approval of the dividend will come during the AGM scheduled to be held on August 9 at 11:00am at NLI Tower in 54 Kazi Nazrul Islam Avenue of Karwan Bazar in Dhaka.
The record date of the company is on June 30 in 2015.
RUPALI LIFE: Rupali Life Insurance Co Ltd has recommended 10 percent stock dividend for the year ended 31 December 2014.
The AGM will be held on August 10 at 10:30am at Institute of Diploma Engineers, Bangladesh in Kakrail of Dhaka to give the final approval of the dividend.
The record date of the company is on July 9 in 2015.
There will be no price limit on Sunday on the trading of shares of National Life Insurance Company Rupali Life Insurance Company following their corporate disclosures.
BBN/BB/ANS