Uttara Finance recommends 30% dividend

Dhaka, Bangladesh (BBN) – The Board of Directors of Uttara Finance has recommended 20 percent cash dividend and 10 percent stock dividend for the year ended on December 31, 2014.
The final approval came from the annual general meeting (AGM) scheduled to be held on July 29 at 10:30am at the Spectra Convention Centre in Dhaka. Record is July 8.

The company has also reported net profit after tax of BDT 176.51 million, EPS of BDT 1.55, NAV per Share of BDT 43.21 and NOCFPS of BDT 18.93 for the year ended on December 31, 2014 as against BDT 59.74 million (restated), BDT 0.52 (restated), BDT 44.66 (restated) and BDT 10.14 (restated) respectively for the year ended on December 31, 2013.

There will be no price limit open on the trading of the shares of the Company today following its corporate declaration.

BBN/SSR/AD

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