Dhaka, Bangladesh (BBN)-The board of directors of Reliance Insurance has recommended 15 percent cash and 15 percent stock dividend for the year ended on December 31, said an office disclosure on Monday.
The final approval of the dividend will come during an AGM scheduled to be held on April 30 at Gulshan in Dhaka. The record date is March 3.
The company has also reported net profit after tax of BDT 298.18 million, EPS of BDT 4.99, NAV per share of BDT 65.47 and NOCFPS of BDT 5.29 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.
BBN/BB/AS-09Mar15-11:40am (BST)