Dhaka, Bangladesh (BBN)-The Board of Directors of United Commercial Bank Ltd (UCBL) has recommended 10 percent cash and 20 percent stock dividend for the year ended on December 31, said an office disclosure on Monday.
The final approval will come during the annual general meeting scheduled to will be held on March 31.
The time and venue of the AGM will be notified later. The record date of the company is March 4.
The company has also reported EPS of BDT 4.39, NAV per share of BDT 26.88 and NOCFPS of BDT (1.81) for the year ended on December 31, 2014.
Prime Insurance: The board of directors of Prime Insurance has recommended 10 percent cash and 5 percent stock dividend for the year ended on December 31, 2014.
The AGM will be held on March 30 at the Bangladesh Institute of Administration and Management (BIAM), in New Eskaton of Dhaka.
The record date of the company is March 4.
The company has also reported EPS of BDT 2.53, NAV per share of BDT 17.04 and NOCFPS of BDT 2.15 for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of these two companies today following their corporate declarations.
BBN/BB/AS-23Feb15-12:10pm (BST)