Dhaka, Bangladesh (BBN)-The board of directors of Islami Insurance Bangladesh Ltd has recommended 5.0 percent cash and 10 per cent stock dividend for the year ended on December 31, said an office disclosure on Sunday.
The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on June 13 at 11:00am at the Institution of Diploma Engineers, Bangladesh in Kakrail of Dhaka.
The record date of the company is May 19.
The company has also reported EPS of BDT 2.04, NAV per share of BDT 13.96 and NOCFPS of BDT 2.46 for the year ended on December 31, 2014.
As per the un-audited Q1 (January to March -2015), the company reported consolidated Net Profit after tax (excluding non-controlling interest) from BDT 400.78 million with consolidated EPS of BDT 0.25 as against BDT 384.05 million and BDT 0.24 respectively for the same period of the previous year.
There will be no price limit on the trading of the shares of the company today following its corporate declaration.