DSE/CSE News in Brief (19-04-2018)

MTBL recommends 12.5pc stock div

Mutual Trust Bank Ltd has recommended 12.50 per cent stock dividend for the year 2017. The AGM will be held on May 31 and the record date is on May 10.

Fareast Finance recommends no div

Fareast Finance & Investment Ltd has recommended no dividend for the year 2017. The AGM will be held on June 05 and the record date is on May 15. The company will be placed in "Z" category from "B" category from April 19 as the company recommended no dividend.

Karnaphuli Ins recommends 11pc div

Karnaphuli Insurance Company Ltd has recommended 6.0 per cent cash and 5.0 per cent stock dividend for the year 2017. The AGM will be held on June 27 and the record date is on May 20.

— DSE/CSE Online