Dhaka, Bangladesh (BBN)-The Prime Bank Ltd has recommended 15 per cent cash dividend, said an official disclosure on Tuesday.
The board of directors of Prime Bank proposed the dividend fund for the year ended on December 31, 2015.
The final approval will come during the annual general meeting (AGM) scheduled to be held on April 26 at 10:00am at KIB Complex in Dhaka.
The record date is on April 11.
The bank has also reported consolidated EPS of BDT 2.11 (weighted), consolidated net asset value (NAV) per share of BDT 25.75 and consolidated net operating cash flow per share (NOCFPS) of BDT 0.15 for the year ended on December 31, 2015 as against BDT 2.18, BDT 23.88 and BDT 2.25 respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the Company today following its corporate declaration. Monday’s closing price of each Prime Bank share was BDT 15.8.