Dhaka, Bangladesh (BBN) - Premier Leasing and Finance has recommended 5.0 per cent cash dividend and 5.0 per cent stock dividend for the year ended on December 31, 2016, said an official disclosure on Monday.
The board of directors of final approval will come during the annual general meeting (AGM) scheduled to be held on May 2 at 11:00am at Spectra Convention Centre in Dhaka.
The record date for entitlement of dividend is on April 13.
The company has also reported consolidated earnings per share (EPS) of BDT 1.30, consolidated net asset value (NAV) per share of BDT 12.95 and consolidated net operating cash flow per share (NOCFPS) of BDT 0.69 for the year ended on December 31, 2016 as against BDT 0.56 (restated), BDT 11.60 (restated) and BDT (10.18) (restated) 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 (Monday) following its corporate declaration.
Each share price of the bank, which was listed on the Dhaka bourse in 2005, closed at BDT 18.90 on Thursday last.
The company disbursed 5.0 per cent stock dividend for the year ended on December 31, 2015.
The company’s paid-up capital is BDT 1.15 billion and authorised capital is BDT 3.0 billion, while the total number of securities is 114,864,668.
The sponsor-directors own 32.41 per cent stake in the company, while institutional investors 14.14 per cent and the general public 53.45 per cent as on February 28, 2017, the DSE data shows.
BBN/SK/AD