Three more companies-Uttara Bank, Bank Asia and Continental Insurance-have recommended dividend ranging from 10 per cent to 20 per cent for the year ended on December 31, 2017, according to separate disclosures on Monday.
Uttara Bank: The board of directors of Uttara Bank has recommended 20 per cent cash dividend for the year ended on December 31, 2017.
The final approval of the dividend is expected to come during the annual general meeting (AGM) scheduled to be held on May 24 in Dhaka. The record date for entitlement of the dividend is May 03.
The bank has also reported consolidated earnings per share (EPS) of Tk 3.83, consolidated net asset value (NAV) per share of Tk 34.81 and consolidated net operating cash flow per share (NOCFPS) of minus Tk 7.17 for the year ended on December 31, 2017 as against Tk 3.86, Tk 33.52 and Tk 24.65 respectively for the same period of the previous year.
In 2016, the bank also disbursed 20 per cent cash dividend.
Each share of the bank, which was listed on the Dhaka bourse in 1984, closed at Tk 28.30 on Monday, registering an increase of 2.53 per cent over the previous session.
The bank's paid-up capital is Tk 4.0 billion and authorised capital is Tk 6.0 billion while the total number of securities is 400.08 million.
The sponsor-directors own 18.15 per cent stake in the bank, while the institutional investors 20.68 per cent, foreign 2.22 per cent and the general public 58.95 per cent as on March 29, 2018, the DSE data shows.
Bank Asia: The board of directors of Bank Asia has recommended 12.50 per cent stock dividend for the year ended on December 31, 2017.
The AGM will be held on May 14 in Dhaka. The record date for entitlement of the dividend is April 26.
The bank has also reported consolidated EPS of Tk 2.14, consolidated NAV per share of Tk 21.21 and consolidated NOCFPS of minus Tk 2.47 for the year ended on December 31, 2017 as against Tk 1.67, Tk 19.11 and Tk 4.67 respectively for the same period of the previous year.
In 2016, the company disbursed 12 per cent stock dividend.
Each share of the bank, which was listed on the Dhaka bourse in 2004, closed at Tk 19.20 on Monday, advancing 0.52 per cent over the previous day.
The bank's paid-up capital is Tk 9.87 billion and authorised capital is Tk 15 billion while the total number of securities is 987.01 million.
The sponsor-directors own 51.66 per cent stake in the bank, while the institutional investors 30.90 per cent, foreign 0.65 per cent and the general public 16.79 per cent as on February 28, 2018, the DSE data shows.
Continental Insurance: The board of directors of Continental Insurance has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2017.
The AGM will be held on June 27 in Dhaka. The record date for entitlement of dividend is May 20.
The bank has also reported EPS of Tk 1.49, NAV per share of Tk 19.06 and NOCFPS of Tk 1.33 for the year ended on December 31, 2017 as against Tk 1.44, Tk 18.59 and Tk 0.86 respectively for the same period of the previous year.
In 2016, the company also disbursed 5.0 per cent cash and 5.0 per cent stock dividend.
Each share of the company, which was listed on the Dhaka bourse in 2008, closed at Tk 19.10 on Monday, gaining 1.05 per cent over the previous session.
© 2024 - All Rights with The Financial Express
