Dhaka, Bangladesh (BBN) – Central Insurance Company has recommended 7.0 per cent cash dividend and 5.0 per cent stock dividend for the year ended on December 31, 2016, said an official disclosure on Sunday.
The final approval will come during the annual general meeting (AGM) scheduled to be held on June 1 at Krishibid Institution Bangladesh in Dhaka.
The record date for entitlement of dividend is on April 26.
The company has also reported earnings per share (EPS) of BDT 1.72, net asset value (NAV) per share of BDT 22.83 and net operating cash flow per share (NOCFPS) of BDT 0.90 for the year ended on December 31, 2016 as against BDT 1.54, BDT 22.10 and BDT 1.18 respectively for the same period of the previous year.
There will be no price limit on the trading of the shares of the company on Sunday following its corporate declaration.
BBN/SK/AD