Dhaka, Bangladesh (BBN)– The Board of Directors of Sandhani Life Insurance has recommended 25 per cent stock 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 01 at 11am in Dhaka.
The record date is on August 14.
The company has also reported consolidated earnings per share (EPS) of BDT 2.95, consolidated net asset value (NAV) per share of BDT 25.02 and consolidated net operating cash flow per share (NOCFPS) of BDT 1.64 for the year ended on December 31, 2015 as against BDT 2.16, BDT 27.61 and BDT (0.68) respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the Company on Sunday following its corporate declaration.
BBN/SSR/BB