Dhaka, Bangladesh (BBN)- The board of directors of two more listed companies — Brac Bank Ltd and Berger Paints Bangladesh Ltd have declared dividend for the year ended on December 31, 2014.
Brac Bank: The board of directors of Brac Bank has recommended 20 percent cash dividend for the year ended on December 31, 2014.
The approval came at a board meeting of the Bank held on Monday at its board room, 1 Gulshan Avenue, Gulshan 1, Dhaka. The annual general meeting (AGM) will be held on 23 April at 10am at the BRAC-CDM, Savar, Dhaka. Record date is March 30.
The company has also reported consolidated EPS BDT 3.13, NAV BDT 7.13 and NOCFPS of BDT 14.77 for the year ended on December 31, 2014 as against BDT 3.20, BDT 29.38 and BDT 11.42 respectively for the year ended on December 31, 2013.
There will be no price limit of the company today (Wednesday) following its corporate declaration. Each share of the bank closed at BDT 33.2 in the last trading session, registering a decline of 0.90 percent over the previous session.
In 2013, the bank disbursed 10 percent cash and 10 percent stock dividend for the year ended on December 31, 2013.
Berger Paints: The board of directors of Berger Paints Bangladesh has declared 220 per cent cash dividend for the year ended on December 31, 2014.
The AGM will be held on April 19 at 10am at the International Convention Centre (Pushpoguscho, Hall-2), Bashundhara Joarshara, Dhaka. Record date is March 30.
The multinational company has also reported consolidated EPS of BDT 49.64, NAV per share of BDT 154.04 and NOCFPS of BDT 54.66 for the year ended on December 31, 2014 as BDT 37.13, NAV per share of BDT 119.03 and NOCFPS of BDT 42.67 for the year ended on December 31, 2013.
There will be no price limit of the company today (Wednesday) following its corporate declaration.
Each share of the bank closed at BDT 1,728.9 in the last trading session, registering an increase of 2.66 percent over the previous session. In 2013, the company also disbursed 220 percent cash dividend.
BBN/SSR/AD-17Mar15-11:17 pm (BST)
