GP declares 90% interim cash dividend

Dhaka, Bangladesh (BBN): The Board of Directors of GrameenPhone (GP) has declared interim 90 per cent cash dividend (i.e. BDT 9.00 per share of BDT 10.00 each) for the year ending on 31 December 2013, out of the provisional net profits of the Company for the half-year ended on 30 June 2013 and retained earnings and general reserve as of 31 December, 2012, said an office disclosure on Thursday.

The Board has also declared net profit after tax of BDT 5,103.84 million, EPS of BDT 3.78, NAV per share of BDT 25.04 and NOCFPS of BDT 11.18 for the half-year ended on 30 June 2013. Record date for entitlement of interim dividend is July 29, 2013.

There will be no price limit on the trading of the shares of the Company today (Thursday) following its corporate declaration.

BBN/BB/AD/18Jul-13-11.55am (BST).

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