Dhaka, Bangladesh (BBN)-The board of directors of Fareast Finance & Investments has recommended 10 percent cash dividend and 2.5 percent stock dividend for the year ended on December 3.
The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on March 25 at the Bashundhara Convention Center in Dhaka, said an office disclosure on Thursday.
The record date of the company is February 26.
The company has also reported EPS of BDT 1.93, NAV per share of BDT 13.00 and NOCFPS of BDT (1.22) for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the company Thursday following its corporate declaration.
BBN/BB/ANS-12Feb15-1:00pm (BST)