Dhaka, Bangladesh (BBN)-Two listed companies- Navana CNG Ltd and Sunlife Insurance Company Ltd recommended dividend for the year ended March 31, 2015 and December 31, 2014 respectively.
Navana CNG: The Board of Directors of Navana CNG Ltd has recommended 15 per cent cash dividend for general shareholders (excluding Sponsors) for the year ended on March 31, 2015, said an office dislcousre on Wednesday.
The sponsors shareholders hold 2,92,30,041 shares out of total 6,85,28,592 shares of the company and general shareholders will get cash dividend of BDT 5,89,47,826.50.
The final approval will come from the annual general meeting (AGM) scheduled to be held on September 16 at 10:30am at the Bashundhara
Convention Centre-2, Baridhara, Dhaka. The record date is August 18.
The company has also reported EPS of BDT 3.54, NAV per share of BDT 30.19 and NOCFPS of BDT 1.82 for the year ended on March 31, 2015.
Sunlife Insurance: The Board of Directors of Sunlife Insurance has recommended 6.0 percent stock dividend for the year ended on December 31, 2014, said an office disclosure on Wednesday.
The AGM will be held on September 15 at 10am at Trust Milonayaton, 545, Old Airport Road, Tejgaon, Dhaka-1206. The record date is on August 18.
There will be no price limit on the trading of the shares of these two companies today following their corporate declarations.