Zenith Fund approves 60pc cash dividend

Investment Corporation of Bangladesh (ICB) in its 613th trustee meeting held on Monday approved 60 per cent cash dividend which is Tk 6/Unit for the unit holder of Zenith Annual Income Fund, an open ended mutual fund managed by Zenith Investments Limited for the year ended 2021, said a statement.

The Net Asset Value-NAV (at cost) BDT 18.36 and the Net Asset Value-NAV (at market) of the fund is BDT 20.44

The EPS has been derived as 7.89Tk/Unit. It is to be noted that, Zenith is one of the pioneer Asset Management companies of Bangladesh and ICB has been acting as the custodian of this fund.