GP declares 95pc interim cash dividend

Grameenphone, country’s largest mobile phone operator, on Tuesday announced 95 per cent interim cash dividend for its shareholder. “Board of directors of the company has declared 95 per cent interim cash dividend for the year ending on December 31, 2014, out of the provisional net profits of the company for the half-year ended on 30 June 2014 and retained earnings as of December 31, 2013,” said a media note. The company has also reported net profit after tax of Tk 10,601.27 million, EPS (earnings per share) of Tk 7.85 and NAV (net asset value) per share of Tk. 25.91 for the half-year ended on 30 June 2014. The company has set August 5 as record date for entitlement of interim dividend. There was no price limit on the trading of the shares of the company Tuesday following its corporate declaration, according to a news agency.