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DBBL recommends 40% cash dividend; SB 16% cash, 5% stock dividend

businessnews24bd.com

The Board of Directors of Dutch-Bangla Bank Ltd on Tuesday recommended 40 percent cash dividend for the General Public Shareholders and Foreign Sponsors/Shareholders for the year ended on December 31, 2013.

The Local Sponsors (holding total 122,634,240 shares of Tk. 10.00 each) of the Company will not receive any dividend. The total amount of Tk. 309,463,040.00 (40 percent cash dividend for 77,365,760 shares of Tk. 10.00 each) will be payable to the General Public Shareholders and Foreign Sponsors/Shareholders.

The Annual General Meeting of the company will be held on March 30, 2014, at 10:00 am at ‘Ballroom’ of Pan Pacific Sonargaon Hotel in the capital.

The Record date: 13.03.2014. The Company has also reported EPS of Tk. 10.00, NAV per share of Tk. 63.21 and NOCFPS of Tk. 68.34 for the year ended on December 31, 2013.

Meanwhile, the Board of Directors of Southeast Bank recommended 16 percent cash dividend and 5 percent stock dividend for the year ended on December 31, 2013.

The Annual General Meeting of the company will be held on March 31, 2014, at 10:00 am at Bashundhara Convention Centre-2, Block-C, Umme Kulsum Road, Bashundhara R/A, Baridhara, Dhaka-1229.

The Record date is 13.03.2014. The Company has also reported Consolidated EPS of Tk. 3.87, Consolidated NAV per share of Tk. 25.11 and Consolidated NOCFPS of Tk. 23.58 for the year ended on December 31, 2013.

 

 

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