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LankaBangla approves 35pc dividend

Thursday, 1 April 2010


FE Report
LankaBangla Finance Ltd approved 15 per cent cash and 20 per cent stock dividends (bonus shares) for its shareholders for the year ended December 31, 2009 Tuesday.
The approval came at the 13th Annual General Meeting of the leading non-banking financial institution (NBFI) held on the day in the city.
Earnings per share (face value Tk 10) in 2009 stood at Tk 16.81 against Tk 8.53 registering a whopping growth of 97.07 per cent.
After the approval of 20 per cent stock dividend for the year 2009, paid up capital of the company reached to Tk 531.30 million.