The First Security Islami Bank Ltd. (FSIBL) and the Bangladesh Finance and Investment Company Ltd. have declared dividends for the year ended on December 31, 2018.
The board of directors of First Security Islami Bank has recommended 10 per cent stock dividend.
The annual general meeting of the bank will be held on May 20 in Dhaka, said an official disclosure on Thursday.
The record date for entitlement of the dividend is April 22.
The bank has also reported consolidated earnings per share (EPS) of Tk 2.03, consolidated net asset value (NAV) per share of Tk 17.04 and the consolidated net operating cash flow per share (NOCFPS) of negative Tk 5.41 for the year ended on December 31, 2018 as against Tk 1.72, Tk 15.01 and negative Tk 11.47 respectively for the same period of the previous year.
The bank, listed on the Dhaka bourse in 2008, had also disbursed 10 per cent stock dividend for the year ended on December 31, 2017.
Each share of the bank closed at Tk 10.10 on the Dhaka Stock Exchange (DSE) on Thursday, advancing 1.0 per cent over the previous session.
In the last one year, its share traded between Tk 9.60 and Tk 13.60 each.
The company's paid-up capital is Tk 7.84 billion and authorised capital is Tk 10 billion, while the total number of securities is 784.09 million.
The sponsor-directors own 37.60 per cent stake in the bank, while the institutional investors own 12.47 per cent, foreign investors 4.31 per cent and the general public 45.62 per cent as on February 28, 2019, the DSE data show.
Meanwhile, the board of directors of Bangladesh Finance and Investment Company Ltd. has also recommended 10 per cent stock dividend for the year ended on December 31, 2018.
The final approval to the dividend will come at the annual general meeting (AGM) of the company to be held at the BCIC Auditorium at Dilkusha in Dhaka on May 27, said an official disclosure on Thursday.
The record date for entitlement of dividend is May 06.
The non-bank financial institution has also reported consolidated earnings per share (EPS) of Tk 1.85 for the year ended on December 31, 2018 as against Tk 1.83 in the previous year.
The consolidated net asset value (NAV) per share stood at Tk 16.77 for the year ended on December 31, 2018 as against Tk 16.41 in the previous year.
The consolidated net operating cash flow per share (NOCFPS) stood at Tk 1.80 for the year ended on December 31, 2018 as against Tk 5.69 for the previous year.
The Bangladesh Finance, listed on the Dhaka bourse in 2007, had disbursed 10 per cent stock dividend for the year ended on December 31, 2017.
Each share of the company closed at Tk 15 on the Dhaka Stock Exchange (DSE) on Thursday.
In the last one year, its share traded between Tk 12.40 and Tk 21.80 each.
The company's paid-up capital is Tk 1.52 billion and authorised capital is Tk 2.0 billion, while the total number of securities is 152.30 million.
The sponsor-directors own 30.62 per cent stake in the company, while the institutional investors own 15.58 per cent and the general public 53.80 per cent as on February 28, 2019, the DSE data show.
