National Housing declares 12.5pc cash dividend

The board of directors of National Housing Finance and Investment Ltd on Tuesday recommended 12.50 per cent cash dividend for the year ending on December 31, 2013. The annual general meeting of the company will be held on May 28, 2014, at 11:00 am at Lakeshore Hotel, Road#41, House#46, Gulshan-2 in the capital. The Record Date is 04.05.2014, according to DSE website. The company has also reported net profit of Tk 167.47 million, EPS of Tk 1.57, NAV per share of Tk 13.40 and NOCFPS of Tk 2.72 for the year ended on December 31, 2013 as against Tk 41.44 million, Tk 0.39 (restated), Tk 13.34 (restated) and Tk 4.98 (restated) respectively for the year ended on December 31, 2012, according to a news agency.