National Housing recommends 10pc cash dividend

The 218th Board of Directors Meeting of National Housing Finance and Investments Limited was held on Thursday through virtual platform, said a statement.
The Board of Directors reviewed and approved Financial Statements for the year 2019 and recommended 10.00% cash dividend for the shareholders for the year 2019.
The Board of Director in that meeting also approved Financial Statements for the quarter ended 31st March 2020 and 30th June 2020.
The Meeting was presided over by Mr. Mahbubur Rahman, Acting Chairman of the Company. Dr. Toufic Ahmad Choudhury, Independent Director and Chairman, Audit Committee, Mr. Md. Kabir Reza, Director & Chairman, Executive Committee, Mr. Akhter Ahmed, Director, Mr. Syed M. Altaf Hussain, Director, Mr. Muminul Haque Chowdhury, Director, Mr. Azmal Hossain, Director, Mr. Abdul-Muyeed Chowdhury, Independent Director attended in the meeting. Mr. Md. Khalilur Rahman, Managing Director and Mr. Md. Sarwar Kamal, FCS, Company Secretary were also present in the meeting.
National Housing is one of the largest Financial Institutions in the country engaged with home loan & lease finance. Total shareholders' equity of the company is Tk. 1,985.74 million as on June 30, 2020. The company earned Tk. 236.81 million as net profit after tax during the year 2019 and Tk. 93.61 million for the half year ended June 30 2020.