Dhaka, Bangladesh (BBN)-The board of directors of Green Delta Insurance has recommended 25 percent cash dividend for the year ended on December 31, 2015, said an office disclosure on Sunday.
The final approval will come during the annual general meeting (AGM) scheduled to be held on March 31 at 11:00am at Spectra Convention Center at Gulshan-1, Dhaka.
The record date is on March 6.
The company has also reported net profit after tax of BDT 230.30 million, earnings per share (EPS) of BDT 2.85, net asset value (NAV) of BDT 70.54 and net operating cash flow per share (NOCFPS) of BDT 0.46 for the year ended on December 31, 2015.
There was no price limit on the trading of the shares of the company today (Sunday) following its corporate declaration and each share of the company closed at BDT 51.6, gaining 1.35 percent.
The company was listed on the Dhaka bourse in 1989.
The company belongs to the “A” category.
The sponsor-directors own 50.48 per cent stake in Green Delta while institutional investors 19.59 per cent, foreign investors 8.25 per cent and general pubic 21.68 per cent, according to statistics from the DSE.
The company’s paid-up capital is BDT 806.9 million and authorised capital is BDT 1,000 million while total number of securities is 80,691,187.