Dhaka, Bangladesh (BBN)-The board of directors of LankaBangla Finance has recommended 15 per cent cash dividend and 15 per cent stock dividend for the year ended on December 31, 2015, said an official disclosure on Tuesday.
The final approval will come during the AGM scheduled to be held on March 30 at 10:00am at MIDAS Centre at Dhanmondi in Dhaka.
The record date is on March 14.
The company has also reported consolidated net profit after tax of BDT 420.93 million, consolidated EPS of BDT 1.76, consolidated NAV per share of BDT 26.02 and consolidated net operating cash flow per share (NOCFPS) of BDT 12.33 for the year ended on December 31, 2015.
In 2014, the company disbursed 10 per cent cash and 10 per cent stock dividend.
There will be no price limit on the trading of the shares of the Company today (Tuesday) following its corporate declaration.
Monday’s closing price of LankaBangla Finance was BDT 27.1.
BBN/SK/AD