Dhaka, Bangladesh (BBN)-Three more listed companies –Eastern Bank, IBN Sina and Nitol Insurance Company recommended dividend for the year ended on December 31, 2015, according to separate disclosures on Monday.
Eastern Bank: The board of directors of Eastern Bank has recommended 20 per cent cash and 15 per cent stock dividend for the year ended on December 31, 2015.
The final approval will come during the annual general meeting scheduled to be held on May 19 at 10:30am at Unique Trade Centre Panthapath in Dhaka.
The record date is on April 25.
The bank has also reported consolidated earnings per share (EPS) of BDT 3.73, consolidated net asset value (NAV) per share of BDT 33.88 and consolidated net operating cash flow per share (NOCFPS) of BDT 15.39 for the year ended on December 31, 2015 as against BDT 3.50, BDT 33.11 and BDT (20.39) 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. Sunday’s closing price of each Eastern Bank share was BDT 30.4.
IBN Sina: The board of directors of The IBN Sina Ltd has recommended 25 percent cash dividend and 10 percent stock dividend for the year ended on December 31, 2015.
The annual general meeting (AGM) will be held on June 4 at 9:30am at the Emmanuell’s Convention Center, Dhanmondi in Dhaka.
The record date is on April 28.
The company has also reported earnings per share (EPS) of BDT 7.93, net asset value per share (NAV) per share of BDT 37.10 and net operating cash flow per share (NOCFPS) of BDT 9.60 for the year ended on December 31, 2015 as against BDT 5.67, BDT 31.77 and BDT 8.12 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.
The last day’s closing price of each IBN Sina share was BDT 171.2.
Nitol Insurance: The board of directors of Nitol Insurance Company has recommended 12 per cent stock dividend for the year ended on December 31, 2015, said an official disclosure on Monday.
The final approval will come during the annual general meeting scheduled to be held on June 5 at 11:00am at Trust Milonayaton in Dhaka.
The record date is on April 25.
The non-life insurer has also reported earnings per share (EPS) of BDT 2.63, net asset value (NAV) per share of BDT 23.98 and net operating cash flow per share (NOCFPS) of BDT 1.64 for the year ended on December 31, 2015 as against BDT 3.61, BDT 22.85 and BDT 4.02 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 (Monday) following its corporate declaration.
Sunday’s closing price of each Nitol Insurance share was BDT 24.
BBN/SK/AD