Dhaka, Bangladesh (BBN)-Three more listed companies –Mercantile Bank, GSP Finance and Rupali Life Insurance recommended dividend for the year ended on December 31, 2015, according to separate official disclosures on Tuesday.
Mercantile Bank: The board of directors of Mercantile Bank has recommended 12 per cent 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 May 12 at 11:00am at the FARS Hotel & Resorts, Bijoynagar in Dhaka.
The record date is on April 26.
The bank has also reported consolidated earnings per share (EPS) of BDT 1.90, consolidated net asset value (NAV) per share of BDT 21.06 and consolidated net operating cash flow per share (NOCFPS) of BDT 10.37 for the year ended on December 31, 2015 as against BDT 1.59, BDT 18.35 and BDT 1.58 respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the bank Tuesday following its corporate declaration. Monday’s closing price of each Mercantile Bank share was BDT 11.6.
GSP Finance: The board of directors of GSP Finance has recommended 15.50 per cent 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 May 15 at 11:00am at the Trust Milonayatonin Dhaka Cantonment.
The record date is on April 26.
The company has also reported consolidated earnings per share (EPS) of BDT 1.90, consolidated net asset value (NAV) per share of BDT 16.68 and consolidated net operating cash flow per share (NOCFPS) of BDT 5.72 for the year ended on December 31, 2015 as against BDT 1.11 (restated), BDT 14.77 (restated) and BDT (4.17) (restated) respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the Company Tuesday following its corporate declaration. Monday’s closing price of each GSP Finance share was BDT 13.7.
Rupali Insurance: The board of directors of Rupali Life Insurance Company has recommended 10 per cent cash dividend and 5.0 per cent 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 26 at 11:00am at the Imperial Convention Center at Malibagh in Dhaka.
The record date is on April 26.
The company has also reported earnings per share (EPS) of BDT 1.92, net asset value (NAV) per share of BDT 23.01 and net operating cash flow per share (NOCFPS) of BDT 2.02 for the year ended on December 31, 2015 as against BDT 1.79 (restated), BDT 22.07 (restated) and BDT 1.32 (restated) respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the company Tuesday following its corporate declaration.
Monday’s closing price of each Rupali Insurance share was BDT 16.9.
BBN/SK/AD