The board of directors of 12 more listed companies, including four banks, have recommended dividends for the year ended on December 31, 2017.
Of them, six companies recommended lower dividends than that of the previous year while six others similar to previous year, according to separate official disclosures on Thursday.
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 of directors recommended 12.50 per cent cash dividend for the year ended on December 31, 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 of directors recommended 10 per cent cash dividend for the year ended on December 31, 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 for entitlement of dividend is May 21.
Shahjalal 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 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 of directors recommended 5.0 per cent stock dividend for the year ended on December 31, 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 of directors of Bangladesh General Insurance Company (BGIC) recommended 10 per cent cash dividend for the year ended on December 31, 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 of directors recommended 20 per cent cash dividend for the year ended on December 31, 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 is May 24.
Paramount Insurance: 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 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 of directors recommended 15 per cent cash dividend for the year ended on December 31, 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 of directors recommended 20 per cent cash dividend for the year ended on December 31, 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 of directors recommended 5.0 per cent cash dividend and 5.0 per cent stock dividend for the year ended on December 31, 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 of directors recommended 5.0 per cent stock dividend for the year ended on December 31, 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.
