Dhaka, Bangladesh (BBN) – The board of directors of Rupali Life Insurance Company has recommended 10 percent cash dividend for the year ended on December 31, 2015, said an official disclosure on Sunday.
The final approval will come during the annual general meeting (AGM) scheduled to be held on September 26 at11:00 am at the Institute of Diploma Engineers Bangladesh in Dhaka.
The record date for entitlement of cash dividend is on August 23.
The life insurer, which was listed on the Bangladesh’s stock market, disbursed 10 per cent stock dividend last year.
The company was the day’s highest gainer, posting a gain of 9.96 per cent to close at BDT 27.60 a share on Sunday.