Dhaka, Bangladesh (BBN) – Uttara Bank has recommended 20 per cent cash dividend for the year ended on December 31, 2016, said an official disclosure on Thursday.
The board of directors of final approval of shareholders will come during the annual general meeting (AGM) scheduled to be held on May 24 at 11:00am at International Convention City, Bashundhara in Dhaka.
The record date for entitlement of dividend is on May 4.
The bank has also reported consolidated earnings per share (EPS) of BDT 3.86, consolidated net asset value (NAV) per share of BDT 33.52 and consolidated net operating cash flow per share (NOCFPS) of BDT 24.65 for the year ended on December 31, 2016 as against BDT 3.78, BDT 33.00 and BDT 40.35 respectively for the same period of the previous year.
There will be no price limit on the trading of the shares of the company today following its corporate declaration.
Each share of company, which was listed on the Dhaka bourse in 1984, closed at BDT 25 on Wednesday at DSE.