Dhaka, Bangladesh (BBN) – The board of directors of Grameenphone (GP) has declared its interim dividend in cash at the rate of 80 per cent of the paid up capital for the year 2015, said an office disclosure on Tuesday.
The lone listed mobile phone company declared this interim dividend out of the provisional net profit of the company for the half year ended on 30 June, 2015 and retained earnings up to 31 December, 2014, said a statement posted on Dhaka Stock Exchange website on Tuesday.
This dividend represents 103 per cent of the after tax profit for the half year ended on 30 June, 2015. The shareholders as of the record date of 29 July, 2015 will be entitled for this dividend, which will be distributed within the timeframe stipulated by the regulators, it said.
The Company has also reported Net Profit after Tax of BDT 10,477.01 million, EPS of BDT 7.76, NAV per share of BDT 24.49 and NOCFPS of BDT 14.03 for the half-year ended on 30th June 2015.
Record date for entitlement of interim dividend is on July 29.
There will be no price limit on the trading of the shares of the company today following its corporate declaration.
BBN/SSR/BB
