Dhaka, Bangladesh (BBN)-The Agrani Insurance has recommended 5.0 per cent cash and 5.0 per cent stock dividend, said an official disclosure on Monday.
The board of directors of Agrani Insurance proposed the dividend for the year ended on December 31, 2015.
The final approval will come during the annual general meeting (AGM) scheduled to be held on June 5 at 10:00am at Spectra Convention Centre, Gulshan-1 in Dhaka.
The record date is on May 16.
The company has also reported earnings per share (EPS) of BDT 1.94, net asset value (NAV) per share of BDT 16.50 and net operating cash flow per share (NOCFPS) of BDT 1.38 for the year ended on December 31, 2015 as against BDT 1.84, BDT 15.56 and BDT 0.43 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 Agrani Insurance share was BDT 13.10.