ICB AMCL approves 50pc cash dividend in AGM

The 20th Annual General Meeting of ICB Asset Management Company Limited (a subsidiary of ICB) was held on a digital platform Saturday. The meeting was presided over by Dr. Mojib Uddin Ahmed, Chairman of the Board of Directors of the company. Chief Executive Officer A. T. M. Ahmedur Rahman and other directors/shareholders of the company were also present in the meeting. Directors' Report to the shareholders and annual accounts of the Company for 2019-2020 were approved in the meeting. During 2019-2020, the company earned a net profit of Tk 435.2 billion (43.52 crore). Earnings per share of Tk. 100.00 stood at Tk. 110.53. The shareholders approved 50 per cent cash dividend (including 40% interim) per share for 2019-2020.

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