stock and cash dividend

Shajalal Bank recommends 13pc cash dividend

Last updated: April 25, 2016

Dhaka, Bangladesh (BBN)-The Shajalal Islami Bank has recommended 13 per cent cash dividend, said an official disclosure on Monday.
The board of directors of Shajalal Islami Bank proposed the dividend for the year ended on December 31, 2015.
The bank has further reported that the Board has also decided to hold an extraordinary general meeting (EGM) for amendment to clause 30 of memorandum and article of the association of the company.
The annual general meeting (AGM) will be held on June 26. Time for EGM and AGM: 10:00am and 10:15am respectively at RAOWA Convention Hall, Mohakhali in Dhaka.
The record date is on May 17.
The bank has also reported consolidated earnings per share (EPS) of BDT 1.79, consolidated net asset value (NAV) per share of BDT 16.74 and consolidated net operating cash flow per share (NOCFPS) of BDT (7.26) for the year ended on December 31, 2015 as against BDT 1.02, BDT 15.95 and BDT 3.69 respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the bank today following its corporate declaration.
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