Dhaka, Bangladesh (BBN)-The board of directors of Investment Corporation of Bangladesh (ICB) has recommended 45 percent cash dividend for the year ended on June 30, said an office disclosure on Monday.
The final approval of the dividend will come during the AGM scheduled to be held on December 20 in Dhaka. Record date of the company is December 3.
The corporation has reported consolidated net profit after tax of BDT 3,605.80 million, consolidated EPS of BDT 85.47, consolidated NAV per share of BDT 730.76 and consolidated NOCFPS of BDT 323.34 for the year ended on June 30, 2014 as against BDT 3,288.60 million, BDT 77.95, Tk. 607.74 and BDT 368.92 respectively for the year ended on June 30, 2013.
The corporation has also reported net profit after tax of BDT 3,105.10 million, EPS of BDT 73.60, NAV per share of BDT 614.97 and NOCFPS of BDT 288.15 for the year ended on June 30, 2014 as against BDT 2,479.10 million, BDT 58.76, BDT 500.63 and BDT 360.79 respectively for the year ended on June 30, 2013.
There will be no price limit on the trading of the shares of the corporation today (Monday) following its corporate declaration.
BBN/BB/AD-24Nov14-12:00pm (BST)