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ICB recommends 1:1 stock, 10pc cash dividend

Wednesday, 17 September 2008


The Investment Corporation of Bangladesh (ICB) Tuesday recommended 1:1 stock dividend and 10 per cent cash dividend for the year ended on June 30 last. An ICB source said the recommendation was made in a board meeting of the largest institutional investor on the day. The share price of the company closed at Tk 4,595.50 on the day, down by 0.65 per cent from that of the previous day on the Dhaka Stock Exchange.
— FE Report