Dhaka, Bangladesh (BBN)-The board of directors of Dutch-Bangla Bank has recommended 40 per cent cash dividend for the year ended on December 31, 2015, said an official disclosure on Wednesday.
The final approval will come during the annual general meeting scheduled to be held on March 30 at 10:00am at the Pan Pacific Sonargaon Hotel in Dhaka.
The record date is on March 15.
The company has also reported earning per share (EPS) of BDT 15.10, net asset value (NAV) per share of BDT 83.77 and net operating cash flow per share (NOCFPS) of BDT 214.64 for the year ended on December 31, 2015, said the statement.
There will be no price limit on the trading of the shares of the bank today (Wednesday) following its corporate declaration.
Tuesday’s closing price of each Dutch-Bangla share was BDT 102.5.
BBN/SK/AD