Dhaka, Bangladesh (BBN)-The board of directors of Bank Asia has recommended 15 per cent cash dividend and 5.0 per cent stock dividend for the year ended on December 31, 2015, said an official disclosure on Thursday.
The final approval will come during the annual general meeting scheduled to be held on April 18 at 11:00am at Dhaka Ladies Club in Dhaka.
The record date is on March 31.
The bank has also reported consolidated earnings per share (EPS) of BDT 3.04, consolidated net asset value (NAV) per share of BDT 22.28 and consolidated net operating cash flow per share (NOCFPS) of BDT 22.25 for the year ended on December 31, 2015.
There will be no price limit on the trading of the shares of the bank today following its corporate declaration.
Wednesday’s closing price of each Bank Asia share was BDT 16.3.
The bank was listed on the Dhaka bourse in 2004.