Dhaka, Bangladesh (BBN) - Four listed banks of Bangladesh –Jamuna Bank, Trust Bank, Southeast Bank and Dhaka Bank – have recommended dividend for the year ended on December 31 in 2017, according to separate official disclosures on Monday.
JAMUNA BANK: The board of directors has recommended 22 percent stock dividend for the year ended on December 31 in 2017.
The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on June 24 in Dhaka.
The record date for entitlement of dividend is May 22.
The bank has also reported consolidated earnings per share (EPS) of BDT 3.38, consolidated net asset value (NAV) per share of BDT 25.12 and consolidated net operating cash flow per share (NOCFPS) of BDT 3.98 for the year ended on December 31, 2017 as against BDT 2.92, BDT 25.70 and minus BDT 7.27 respectively for the same period of the previous year.
In 2016, the company also disbursed 20.50 percent cash dividend.
Each share of the bank, which was listed on the Dhaka bourse in 2006, closed at BDT 20 on Thursday last at the Dhaka Stock Exchange (DSE).
TRUST BANK: The board of directors has recommended 20 percent cash dividend for the year ended on December 31 in 2017.
The AGM will be held on June 23 and the record date in on May 22.
The bank has also reported consolidated EPS of BDT 3.14, consolidated NAV per share of BDT 22.40 and consolidated NOCFPS of minus BDT 23.12 for the year ended on December 31, 2017 as against BDT 3.62, BDT 20.68 and BDT 26.32 respectively for the same period of the previous year.
In 2016, the bank disbursed 15 percent cash and 5.0 percent stock dividend.
Each share of the bank, which was listed on the Dhaka bourse in 2007, closed at BDT 39.30 on Thursday last at the Dhaka Stock Exchange (DSE).
SOUTHEAST BANK: The board of directors of Southeast Bank Limited has recommended 15 percent stock dividend for the year ended on December 31 in 2017.
The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on June 25 in at Officers’ Club in Dhaka.
The record date for entitlement of dividend is May 23.
The bank has also reported consolidated earnings per share (EPS) of BDT 1.27, consolidated net asset value (NAV) per share of BDT 28.16 and consolidated net operating cash flow per share (NOCFPS) of BDT 1.87 for the year ended on December 31, 2017 as against BDT 2.66, BDT 28.93 and BDT 12.57 respectively for the same period of the previous year.
In 2016, the bank disbursed 20 percent cash dividend.
Each share of the company, which was listed on the Dhaka bourse in 2000, closed at BDT 19.20 on Thursday last at the Dhaka Stock Exchange (DSE).
DHAKA BANK: The board of directors has recommended 12.50 percent stock dividend for the year ended on December 31, 2017.
The AGM will be held on June 28 and the record date is on May 21.
The bank has also reported consolidated EPS of BDT 2.23, consolidated NAV per share of BDT 21.91 and Consolidated NOCFPS of minus BDT 17.04 for the year ended on December 31, 2017 as against BDT 2.15, BDT 20.65 and BDT 8.37 respectively for the same period of the previous year.
In 2016, the company also disbursed 10 percent cash and 5.0 percent stock dividend.
Each share of the bank, which was listed on the Dhaka bourse in 2000, closed at BDT 16.70 on Thursday last at the Dhaka Stock Exchange (DSE).
There will be no price limit on the trading of the shares of these banks on today following their corporate declarations.
BBN/SS/AD