The board of directors of three more listed banks –Islami Bank Bangladesh, Exim Bank, and Shahjalal Islami Bank –have recommended dividend for the year ended on December 31, 2017.
Of the banks, Exim Bank and Shahjalal Islami Bank recommended less dividends than the previous year while Islami Bank recommended the same, according to separate official disclosure on Thursday.
EXIM Bank: The board of directors of the Exim Bank has recommended 12.50 per cent cash dividend for the year ended on December 31, 2017.
The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on June 27.
The record date for entitlement of dividend is May 22.
The bank has also reported consolidated EPS of Tk 2.34, consolidated NAV per share of Tk 19.58 and consolidated NOCFPS of Tk 4.02 for the year ended on December 31, 2017 as against Tk 2.15, Tk 18.74 and Tk (3.42) respectively for the same period of the previous year.
In 2016, the bank disbursed 15 per cent cash dividend.
Each share of the bank, which was listed on the Dhaka bourse in 2004, closed at Tk 14.50 on Wednesday at the Dhaka Stock Exchange (DSE).
Islami Bank: The board of directors of Islami Bank has recommended 10 per cent cash dividend for the year ended on December 31, 2017.
The AGM will be held on June 25 at Kurmitola Golf Club (KGC), Dhaka Cantonment in Dhaka.
The record date for entitlement of dividend is May 21.
The bank has also reported consolidated EPS of Tk 3.06, consolidated NAV per share of Tk 31.47 and consolidated NOCFPS of Tk 1.14 for the year ended on December 31, 2017 as against Tk 2.78, Tk 29.38 (restated) and minus Tk 6.81 respectively for the same period of the previous year.
In 2016, the bank also disbursed 10 per cent cash dividend.
Each share of the bank, which was listed on the Dhaka bourse in 1985, closed at Tk 26.30 on Wednesday at the Dhaka Stock Exchange (DSE).
Shahjalal Bank: The board of directors of Shahjalal Islami Bank has recommended 10 per cent stock dividend for the year ended on December 31, 2017.
The AGM will be held on July 8 and the record date is on May 31.
The banks has also reported Consolidated EPS of Tk. 1.74, Consolidated NAV per share of Tk. 17.65 and Consolidated NOCFPS of Tk. 2.75 for the year ended on December 31, 2017 as against Tk. 2.15, Tk. 16.86 and Tk. 5.12 respectively for the same period of the previous year.
In 2016, the bank also disbursed 10 per cent cash and 5.0 per cent stock dividend.
Each share of the bank, which was listed on the Dhaka bourse in 2007, closed at Tk 27.10 on Wednesday at the Dhaka Stock Exchange.
