Dhaka, Bangladesh (BBN)-Rupali Bank Limited has recommended 15 per cent stock dividend, said an official disclosure on Monday.
The board of directors of Rupali Bank proposed the dividend for the year ended on December 31, 2015.
The final approval will come during the annual general meeting scheduled to be held on June 30 at 11:00am at Institution of Diploma Engineers, Bangladesh in Dhaka.
The record date is on June 16.
The bank has also reported consolidated earnings per share (EPS) of BDT 0.99, consolidated net asset value (NAV) per share of BDT 53.47 and consolidated net operating cash flow per share (NOCFPS) of BDT 68.83 for the year ended on December 31, 2015 as against BDT 2.35, BDT 71.40 and BDT 145.15 respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the bank today following its corporate declaration.
Sunday’s closing price of each Rupali Bank’s share was BDT 29.