Islamic Finance recommends 13pc cash dividend

Last updated: April 23, 2016

Dhaka, Bangladesh (BBN)-The Islamic Finance & Investments has recommended 13 per cent cash dividend, officials said.
The board of directors of Islamic Finance proposed the dividend for the year ended on December 31, 2015.
The final approval will be held at the annual general meeting (AGM) scheduled to be held on June 5.
The record date is on May 15.
The company has also reported earnings per share (EPS) of BDT 1.64 and net asset value (NAV) of BDT 13.35 for the year ended on December 31, 2015, as against BDT 1.66 and BDT 12.98 for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the company on Sunday (April 24) following its corporate declaration.
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