3 listed banks declare dividend

Last updated: March 4, 2015


Dhaka, Bangladesh (BBN)-Three more listed banks recommended dividend for the year ended on December 31 last year, according to separate disclosures on the Dhaka Stock Exchange wed site on Wednesday.
The banks are: Dutch Bangla Bank Ltd (DBBL), Southeast Bank Ltd and Trust Bank Ltd.
DBBL: The board of directors of Dutch Bangla Bank Ltd (DBBL) has recommended 40 percent cash dividend for the year ended on December 31, 2014.
The final approval of the dividend will be given in the annual general meeting (AGM) scheduled to be held on March 30 at Pan Pacific Sonargaon Hotel in Dhaka.
The record date of the company is March 15.
The company has also reported EPS of BDT 11.03, NAV per share of BDT 72.59 and NOCFPS of BDT 273.05 for the year ended on December 31, 2014.
Southeast Bank: The board of directors of Southeast Bank Ltd has recommended 15 percent cash dividend for the year ended on December 31, 2014.
The annual general meeting will be held March 29 at Baridhara in Dhaka.
The record date of the company is March 15.
The company has also reported consolidated EPS of BDT 4.18, consolidated NAV per share of BDT 26.77 and consolidated NOCFPS of BDT 6.09 for the year ended on December 31, 2014.
Trust Bank: The board of directors of Trust Bank Ltd has recommended 5.0 percent cash dividend and 10 percent stock dividend for the year ended on December 31.
The AGM will be held on March 30 at Dhaka Cantonment. The record date of the company is March 15.
The company has also reported consolidated net profit after tax of BDT 1,298.07 million, consolidated EPS of BDT 3.05, consolidated NAV per Share of BDT 19.85 and consolidated NOCFPS of BDT (3.92) for the year ended on December 31.
There will be no price limit on the trading of the shares of these three banks today (Wednesday) following their corporate declarations.
BBN/BB/AS-04Mar15-12:30pm (BST)

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