Dhaka, Bangladesh (BBN)-The Board of Directors of Green Delta Insurance has recommended 15 percent cash and 10 percent stock dividend for the year ended on December 31, said an office disclosure on Wednesday.
The final approval of the dividend will come at the annual general meeting (AGM) of the company scheduled to be held on March 24 in Gulshan of Dhaka.
The record date of the company is March 1.
The company has also reported net profit after tax of BDT 239.26 million, EPS of BDT 3.26, NAV per share of BDT 66.16 and NOCFPS of BDT 0.22 for the year ended on December 31, 2014 as against BDT 229.03 million, BDT 3.12 (restated), BDT 60.29 (restated) and BDT 1.07 (restated) respectively for the year ended on December 31, 2013.
There will be no price limit on the trading of the shares of the company Wednesday following its corporate declaration.
BBN/BB/AS-18Feb15-12:40pm (BST)