Marico declares 150pc interim cash dividend

Marico Bangladesh, a company of pharmaceuticals and chemical sector, announced 150 per cent interim cash dividend for its financial year ending on March 31, 2015. Share price of Marico, however, declined by 1.48 per cent despite the announcement of the huge amount of interim cash dividend. The issue closed at Tk 1052.00 on slim transaction of 2,900 shares, according to a news agency.