Dhaka, Bangladesh (BBN)-The FAS Finance and Investment has recommended 10 per cent stock dividend, said an official disclosure on Sunday.
The board of directors of FAS Finance and Investment proposed the dividend for the year ended on December 31, 2015.
The final approval will come during the annual general meeting (AGM) scheduled to be held on June 23 at 9:30am at Hotel Abakash, Mohakhali in Dhaka.
The record date is on June 6.
The company has also reported consolidated earnings per share (EPS) of BDT 1.16, consolidated net asset value (NAV) per share of BDT 14.70 and consolidated net operating cash flow per share (NOCFPS) of BDT (8.33) for the year ended on December 31, 2015 as against BDT 1.22, BDT 14.54 and BDT 2.24 respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the Company today following its corporate declaration.
Thursday’s closing price of each FAS Finance share was BDT 9.80.
BBN/SK/AD