Dhaka, Bangladesh (BBN)-The National Credit and Commerce (NCC) Bank has recommended 12.75 per cent cash dividend, said an official disclosure on Thursday.
The board of directors of National Credit and Commerce (NCC) proposed the dividend for the year ended on December 31, 2015.
The final approval will come during the annual general meeting (AGM) scheduled to be held on June 20 at 11:00am at Officers Club in Dhaka.
The record date is on April 25.
The bank has also reported consolidated earnings (EPS) of BDT 1.57, consolidated net asset value (NAV) per share of BDT 17.76 and consolidated net operating cash flow per share (NOCFPS) of BDT 2.84 for the year ended on December 31, 2015 as against BDT 1.69, BDT 16.14 and BDT 1.97 respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the Company today following its corporate declaration.
Wednesday’s closing price of each NCC Bank share was BDT 9.2.