Dhaka, Bangladesh (BBN)-The Asia Insurance has recommended 10 per cent cash dividend.
The board of directors of Asia Insurance proposed the dividend for the year ended on December 31, 2014.
The final approval will come during the annual general meeting scheduled to be held on June 11.
The record date is on May 22.
The company has also reported earnings per share (EPS) of Tk. 1.21 and net asset value (NAV) per share of BDT 17.28 for the year ended on December 31, 2015, as against BDT 1.10 and BDT 17.11 for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the company on today following its corporate declaration.
The company also disbursed 10 per cent cash dividend for the year ended on December 31, 2014.
BBN/SK/AD