Dhaka, Bangladesh (BBN)-The Trust Bank has recommended 7.0 per cent cash dividend and 8.0 per cent stock dividend, said an official disclosure on Thursday.
The board of directors proposed the dividend for the year ended on December 31, 2015.
The final approval will come during the annual general meeting (AGM) scheduled to be held on May 19 at 11:00am at the Trust Milonayato in Dhaka.
The record date is on April 13.
The company has also reported consolidated net profit after tax of BDT 1,540.52 million, consolidated earnings per share (EPS) of BDT 3.29, consolidated net asset value (NAV) per share of BDT 21.00 and consolidated net operating cash flow per share (NOCFPS) of BDT 9.74 for the year ended on December 31, 2015 as against BDT 1,298.07 million, BDT 2.77, BDT 19.85 and BDT 3.92 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.