The Trustee Committee of four more closed-end mutual funds, managed by RACE Asset Management, has approved dividends based on the net income and retained earnings for the year ended on June 30, 2021.
The funds are AB Bank 1st Mutual Fund, EBL NRB Mutual Fund, Popular Life First Mutual Fund and PHP First Mutual Fund.
The funds declared cash dividends between 6.0 per cent and 8.50 per cent. The record date for these funds is set on September 16, according to separate filing with the Dhaka Stock Exchange (DSE) on Wednesday.
ABB1STMF: The Trustee Committee of the fund has approved 8.0 per cent cash dividend based on the net income and retained earnings for the year ended on June 30, 2021.
The Fund has reported earnings per unit (EPU) of Tk 2.61 for the year ended on June 30, 2021 as against loss of Tk 1.80 per unit for the same period last year.
The Fund has also reported net asset value (NAV) per unit at market price of Tk 11.97, NAV per unit at cost of Tk 11.70 and net operating cash flow per unit (NOCFPU) of Tk 0.61 for the year ended on June 30, 2021 as against Tk 9.10, Tk 11.50 and Tk 0.41 respectively for the same period of the previous year.
POPULAR1MF: The Trustee Committee of the fund has approved 8.50 per cent cash dividend based on the net income and retained earnings for the year ended on June 30, 2021.
The Fund has reported EPU of Tk 2.08 for the year ended on June 30, 2021 as against loss of Tk 1.23 per unit for the same period last year.
The Fund has also reported NAV per unit at market price of Tk 11.85, NAV per unit at cost of Tk 11.46 and NOCFPU of Tk 0.58 for the year ended on June 30, 2021 as against Tk 9.38, Tk 11.17 and Tk 0.34 respectively for the same period of the previous year.
PHPMF1: The Trustee Committee of the fund has approved 8.50 per cent cash dividend based on net income and retained earnings for the year ended on June 30, 2021.
The Fund has reported EPU of Tk 2.04 for the year ended on June 30, 2021 as against loss of Tk 1.23 per unit for the same period last year.
The Fund has also reported NAV per unit at market price of Tk 11.85, NAV per unit at cost of Tk 11.27 and NOCFPU of Tk 0.54 for the year ended on June 30, 2021 as against Tk 9.23, Tk 10.86 and Tk 0.18 respectively for the same period of the previous year.
EBLNRBMF: The Trustee Committee of the fund has approved 6.0 per cent cash dividend based on net income and retained earnings for the year ended on June 30, 2021.
The Fund has reported EPU of Tk 1.92 for the year ended on June 30, 2021 as against loss of Tk 1.35 per unit for the same period last year.
The Fund has also reported NAV per unit at market price of Tk. 12.27, NAV per unit at cost of Tk. 11.11 and NOCFPU of Tk. 0.46 for the year ended on June 30, 2021 as against Tk 9.19, Tk 10.77 and Tk 0.13 respectively for the same period of the previous year.
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