Dhaka, Bangladesh (BBN)-The board of directors of Uttara Bank has recommended 20 percent cash dividend for the year ended on December 31, 2015, said an official disclosure on Sunday.
The final approval will come during the annual general meeting scheduled to be held on April 24 at 11:00am at International Convention City, Bashundhara in Dhaka.
The record date is on April 7.
The bank has also reported consolidated profit after provision and tax of BDT 1,511.98 million, consolidated earnings per share (EPS) of BDT 3.78, consolidated net asset value (NAV) per share of BDT 33.00 and consolidated net operating cash flow per share (NOCFPS) of BDT 40.35 for the year ended on December 31, 2015 as against BDT 1,404.25 million, BDT 3.51, BDT 30.54 and BDT (0.58) respectively for the year ended on December 31, 2014.
There will be no price limit on the trading of the shares of the bank today following its corporate declaration.
The last trading day’s closing price of each Uttara Bank share was BDT 20.8.