Standard Bank recommends 20 percent stock dividend

Last updated: April 25, 2012
Dhaka, Bangladesh (BBN) - The board of directors of Standard Bank Limited recommended 20 per cent stock dividend for the year ended on December 31, 2011, an announcement said on Wednesday. 
The annual general meeting (AGM) of the private commercial bank will be held on May 31.The name of venue will be notified later and record date was also fixed on May 10.
The company has also reported profit after tax and provision of BDT 1,296.51 million, EPS of BDT 3.19, NAV per share of BDT 16.92 and NOCFPS of BDT 5.55 for the year ended on December 31, 2011 as against BDT 1,369.07 million, BDT 3.37, BDT 17.73 and BDT 10.58 respectively for the year ended on December 31, 2010.
 
BBN/SSR/AD-25Apr12-12:35 pm (BST) 
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