Dhaka, Bangladesh (BBN)-The Board of Directors of GrameenPhone (GP) has recommended 65 percent final cash dividend for the year on December 31 in 2014, said an office disclosure on Monday.
With this, total cash dividend for the year 2014 stands 160 percent, inclusive of 95 percent interim cash dividend which has already been paid.
The final decision of the dividend will came during the annual general meeting scheduled to be held on April 21in Bashundhara of Dhaka. The record date of the company is February 18.
The lone listed mobile phone company has also reported net profit after tax of BDT 19,803.28 million, EPS of BDT 14.67, NAV per share of BDT 23.23 and NOCFPS of BDT 23.15 for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the company on Monday following its corporate declaration.
Last year the company disbursed total 140 percent cash dividend (90 percent interim and 50 percent final).
The company listed on the Dhaka Stock Exchange (DSE) in 2009. Of the total shares – sponsor/directors held by 90 percent, institutions held by 6.04 percent and only 3.96 percent held by public, according to DSE website.
BBN/SK/AD-9Feb15-12:00pm (BST)