Dhaka, Bangladesh (BBN) - Three listed companies – Northern General Insurance, Central Insurance and Premier Leasing and Finance recommended dividends for the year ended on December 31, 2015, according to separate disclosures on Sunday.
Northern Insurance: The Board of Directors of Northern General Insurance has recommended 12 percent stock 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 2 at 10:00am at Institution of Diploma Engineers, Bangladesh, Kakrail in Dhaka.
The record date is on April 24.
The company has also reported earnings per share (EPS) of BDT 1.85, net asset value (NAV) per share of BDT 20.67 and net operating cash flow per share (NOCFPS) of BDT 1.10 for the year ended on December 31, 2015 as against BDT 1.84, BDT 18.82 and BDT 0.67 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 (Sunday) following its corporate declaration. The company’s share closed at BDT 16.1 on Thursday.
Central Insurance: The Board of Directors of Central Insurance Company has recommended 10 percent cash 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 2 at 11:00am, the venue will be notified later on.
The record date is on April 26.
The company has also reported earnings per share (EPS) of BDT 1.54, net asset value (NAV) per share of BDT 22.10 and net Operating cash flow per share (NOCFPS) of BDT 1.18 for the year ended on December 31, 2015 as against BDT 2.21, Tk 22.91 and BDT 1.89 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 (Sunday) following its corporate declaration. Thursday’s closing price of each Central Insurance share was BDT 15.9.
Premier Leasing: The Board of Directors of Premier Leasing and Finance has recommended 5.0 percent stock dividend for the year ended on December 31, 2015.
The final approval will come during the annual general meeting scheduled to be held on May 19 at 11:00am at the Spectra Convention Centre, Gulshan-1 in Dhaka.
The record date is on April 24.
The company has also reported consolidated earnings per share (EPS) of BDT 0.54, consolidated net asset value (NAV) per share of BDT 12.13 and consolidated net operating cash flow per share (NOCFPS) of BDT (10.53) for the year ended on December 31, 2015 as against BDT 0.07, BDT 11.55 and BDT (8.95) 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 (Sunday) following its corporate declaration. The company’s share closed at BDT 9.5 on Thursday.
BBN/SSR/BB