stock and cash dividend

ICB recommends 35pc cash dividend

Last updated: November 10, 2015

Dhaka, Bangladesh (BBN)- The board of directors of Investment Corporation of Bangladesh (ICB) has recommended 35 percent cash dividend for the year ended on June 30 in 2015, said an office disclosure on Tuesday.
The final approval will come during the annual general meeting scheduled to be held on December 26 at 10:30am at Hotel Purbani International in Dhaka.
The record date of the company is on November 30 in 2015.
The corporation has reported consolidated net profit after tax of BDT 4,393.60 million, consolidated EPS of BDT 7.66, consolidated NAV per share of BDT 69.20 and consolidated net operating cash flow per share (NOCFPS) of BDT 15.98 for the year ended on 30.06.2015 as against BDT 3,681.70 million, BDT 6.94, BDT 48.93 and BDT 21.56 respectively for the year ended on June 30 in 2014.
The corporation has also reported net profit after tax of BDT 4,067.30 million, EPS of BDT 7.10, net asset value (NAV) per share of BDT 60.94 and net operating cash flow per share (NOCFPS) of BDT 11.59 for the year ended on 30 June 2015 as against corresponding period of previous year figures of BDT 3,181.10 million, BDT 5.99, BDT 41.22 and BDT 19.21 respectively.
There will be no price limit on the trading of the shares of the corporation today following its corporate declaration.
BBN/SS/ASI

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