The board of directors of at least 20 more listed companies, including six banks, have recommended dividends last week for the year ended on December 31, 2017.
Of them, nine companies recommended lower dividends than that of the previous year, one higher and ten others similar to previous year, according to separate official disclosures posted on the Dhaka bourse's website.
Social Islami Bank: The board of directors recommended 10 per cent stock dividend for the year ended on December 31, 2017. In the previous year, the shareholders received 20 per cent cash dividend.
The annual general meeting (AGM) is scheduled to be held on June 27 in Dhaka. The record date is on May 22.
EXIM Bank: The board recommended 12.50 per cent cash dividend for 2017. In the previous year, the shareholders received 15 per cent cash dividend.
The AGM will be held on June 27 and record date is on May 22.
Islami Bank: The board recommended 10 per cent cash dividend for last year. In the previous year, the shareholders also received 10 per cent cash dividend.
The AGM will be held on June 25 and the record date is on May 21.
Shahjalal Bank: The board recommended 10 per cent stock dividend for 2017. In the previous year, the shareholders received 10 per cent cash and 5.0 per cent stock dividend.
The AGM will be held on July 8 and the record date is on May 31.
Federal Insurance: The board recommended 5.0 per cent stock dividend for 2017. In the previous year, the shareholders also received 5.0 per cent stock dividend.
The AGM will be held on June 24 and the record date is on May 23.
BGIC: The board recommended 10 per cent cash dividend for 2017. In the previous year, the shareholders received 11 per cent cash dividend.
The AGM will be held on June 25 and the record date is on May 21.
Phoenix Finance: The board recommended 20 per cent cash dividend for 2017. In the previous year, the shareholders also received 20 per cent cash dividend.
The AGM will be held on June 28 the record date is on May 24.
Paramount Insurance: The board recommended 10 per cent stock dividend for 2017. In the previous year, the shareholders received 2.0 per cent cash and 8.0 per cent stock dividend.
The AGM will be held on June 9 and the record date is on May 22.
Pioneer Insurance: The board recommended 15 per cent cash dividend for 2017. In the previous year, the shareholders also received 15 per cent cash dividend.
The AGM will be held on June 27 and the record date is on May 22.
Eastern Insurance: The board recommended 20 per cent cash dividend for 2017. In the previous year, the shareholders also received 20 per cent cash dividend.
The AGM will be held on July 25 and record date is on May 29.
Rupali Insurance: The board recommended 5.0 per cent cash dividend and 5.0 per cent stock dividend for 2017. In the previous year, the shareholders received 15 per cent cash and 5.0 per cent stock dividend.
The AGM will be held on July 4 and the record date is on May 24.
Union Capital: The board recommended 5.0 per cent stock dividend for 2017. In the previous year, the shareholders received 10 per cent stock dividend.
The AGM will be held on June 28 and record date is on May 28.
Bangladesh National Insurance: The board recommended 10 per cent cash dividend for 2017. In the previous year, the shareholders also received 10 per cent cash dividend.
The AGM will be held on June 25 and the record date is on May 17.
Eastland Insurance: The board recommended 7.50 per cent cash dividend and 7.50 per cent stock dividend for 2017. In the previous year, the shareholders received 10 per cent cash and 5.0 per cent stock dividend.
The AGM will be held on June 28 and the record date is on May 15.
Asia Insurance: The board recommended 10 per cent cash dividend for 2017. In the previous year, the shareholders also received 10 per cent cash dividend.
The AGM will be held on June 11 and record date is on May 17.
Eastern Bank: The board recommended 20 per cent cash dividend for 2017. In the previous year, the shareholders received 20 per cent cash and 5.0 per cent stock dividend.
The AGM will be held on June 5 and record date is on May 20.
Heidelberg Cement: The board recommended 150 per cent cash dividend for 2017. In the previous year, the shareholders received 300 per cent stock dividend.
The AGM will be held on June 5 and record date is on May 20.
First Security Islami Bank: The board recommended 10 per cent stock dividend for 2017. In the previous year, the shareholders received 5.0 per cent cash and 5.0 per cent stock dividend.
The AGM will be held on June 26 and record date is on May 21.
Marico: The board recommended a total of 600 per cent cash dividend for 2017. In the previous year, the shareholders received 500 per cent cash dividend.
The AGM will be held on July 18 and record date is on June 7.
IBBL Bond: The board has recommended annual profit rate of 8.66 per cent for 2017. The record date is on May 21.
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