Some 32 listed companies will hold their annual general meetings (AGMs) and Extra-Ordinary General Meetings (EGMs) during the period of April 17 to May 31 this year, officials said.
The companies' dividends, recommended by respective boards for the year ended on December 31, 2014, are expected to be approved at their AGMs.
As per information of DSE website, the AGM of Berger Paints Bangladesh, which recommended 220 per cent cash dividend, will be held on April 19 this year.
RAK Ceramics (Bangladesh), which recommended 25 per cent cash dividend, will hold its EGM and AGM on April 20.
The sole telecom company, Grameenphone, recommended 65 per cent cash dividend (final) and the company's AGM will be held April 21, 2015. The company has also already paid 95 per cent interim cash dividend.
AGM of United Finance, BRAC Bank, Uttara Bank and GlaxoSmithKline Bangladesh will be held on April 23.
United Finance recommended 5.0 per cent cash dividend and 10 per cent bonus dividend, whereas BRAC recommended 20 per cent cash dividend, Uttara Bank 20 per cent cash dividend and GlaxoSmithKline Bangladesh 420 per cent cash dividend.
The AGM of United Insurance, which recommended 10 per cent cash dividend, will be held on April 26.
Rupali Insurance, which recommended 10 per cent cash dividend and 5.0 per cent bonus dividend, will hold its AGM on April 27.
Singer Bangaldesh, Argon Denims, Linde Bangladesh, Apex Footwear, Reliance Insurance and One Bank will hold their AGMs on April 30, 2015.
Among the companies, Singer Bangladesh recommended 35 per cent cash dividend and 25 per cent bonus dividend, whereas Argon Denims recommended 20 per cent bonus dividend, Apex Footwear 55 per cent cash dividend, Reliance Insurance 15 per cent cash dividend and 15 per cent bonus dividend, Linde Bangladesh 110 per cent cash dividend (final) and One Bank 12.50 per cent cash dividend and 12.50 per cent bonus dividend.
Among the companies whose EGMs and AGMs will be held in May, Jamuna Bank recommended 19 per cent bonus dividend, whereas Bangladesh Lamp recommended 20 per cent cash dividend, GPH Ispat one rights share for one existing share, IPDC 5.0 per cent cash dividend and 10 per cent bonus, International Leasing & Financial Services 5.0 per cent cash, First Security Islami Bank 10 per cent bonus, National Housing Finance & Investment 15 per cent cash, Dhaka Bank 14 per cent cash dividend and 10 per cent bonus dividend.
Standard Bank recommended 15 per cent bonus dividend, whereas Islamic Finance and Investment recommended 8.0 per cent cash dividend and 4.0 bonus dividend, AB Bank 12.50 per cent bonus dividend, Shasha Denims 20 per cent cash dividend and 15 per cent bonus dividend, SinoBangla Industries 10 per cent cash dividend, Phoenix Finance and Investment 20 per cent cash dividend and Eastland Insurance Company 10 per cent cash dividend and 10 per cent bonus dividend.
Jamuna Bank will hold its AGM on May 4, whereas Bangladesh Lamps will hold AGM on May 5, Industrial Promotion and Development Company of Bangladesh Limited (IPDC) on May 6, International Leasing & Financial Services on May 7, First Security Islami Bank on May 9, National Housing Finance & Investment on May 12 and Dhaka Bank on May 13.
Both the Standard Bank and Islamic Finance and Investment will hold their AGMs on May 14 this year.
Shasha Denims, SinoBangla Industries and Phoenix Finance and Investment will hold their AGMs on May 21 next whereas the AGM of Eastland Insurance Company will be held on May 31, 2015.
GPH Ispat and National Credit and Commerce Bank will hold their EGMs on May 5 and May 11 respectively. Another company, AB Bank, will hold both its EGM and AGM on May 17 this year.
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