Dhaka, Bangladesh (BBN)-The board of directors of Southeast Bank Limited has recommended 15 per cent cash dividend for the year ended on December 31, 2015, said an official disclosure on Thursday.
The final approval will come during the annual general meeting (AGM) scheduled to be held on April 11 at 10:30am at Officers’ Club in Dhaka.
The record date is on March 24.
The company has also reported consolidated earnings per share (EPS) of BDT 3.35, consolidated net asset value (NAV) per share of BDT 29.67 and consolidated net operating cash flow per share (NOCFPS) of BDT 3.85 for the year ended on December 31, 2015 as against BDT 4.18, BDT 26.77 and BDT 6.09 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.
Wednesday’s closing price of each Southeast Bank share was BDT 17.3.