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Five more banks recommend dividend

AB Bank, ICB Islamic Bank declare No divided


| Updated: May 04, 2019 10:55:18


Five more banks recommend dividend

The board of directors of five more banks have recommended dividend while two banks declared No dividend the year ended on December 31, 2018, according to official discourses on Thursday.

Southeast Bank: The board of directors has recommended 10 per cent stock dividend for the year ended on December 31, 2018.

The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on June 26 in Dhaka, said an official disclosure on Thursday.

The record date for entitlement of dividend is May 23.

The bank has also reported Consolidated EPS of Tk 2.35, Consolidated NAV per share of Tk 26.66 and Consolidated NOCFPS of Tk 3.37 for the year ended on December 31, 2018 as against Tk 1.11 (restated), Tk 28.16 and Tk 1.87 respectively for the same period of the previous year.

UCB: The board of directors of the bank has recommended 10 per cent stock dividend for the year ended on December 31, 2018.

The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on June 30 in Dhaka.

The record date for entitlement of dividend is May 22.

The bank has also reported Consolidated EPS of Tk 2.52, Consolidated NAV per share of Tk 27.03 and Consolidated NOCFPS of Tk (8.92) for the year ended on December 31, 2018 as against Tk 2.58, Tk 25.49 and Tk 2.04 respectively for the same period of the previous year.

Trust Bank: The board of d directors of the bank has recommended 10 per cent stock dividend for the year ended on December 31, 2018.

The AGM will be held on June 24. The record date is on May 22.

The bank has also reported Consolidated EPS of Tk 3.35, Consolidated NAV per share of Tk 23.74 and Consolidated NOCFPS of Tk 6.28 for the year ended on December 31, 2018 as against Tk 3.14, Tk 22.40 and negative Tk 23.12 respectively for the same period of the previous year.

National Bank: The board of directors has recommended 10 per cent stock dividend for the year ended on December 31, 2018.

The AGM will be held on August 20. The record date is on June 16.

The bank has also reported Consolidated EPS of Tk 1.45, Consolidated NAV per share of Tk 16.77 and Consolidated NOCFPS of Tk (6.80) for the year ended on December 31, 2018 as against Tk 1.81, Tk 17.02 and Tk 1.36 respectively for the same period of the previous year.

Mercantile Bank: The board of directors has recommended 15 per cent stock dividend for the year ended on December 31, 2018.

The AGM will be held on June 20. The record date is on May 30.

The bank has also reported Consolidated EPS of Tk 3.59, Consolidated NAV per share of Tk 22.91 and Consolidated NOCFPS of Tk 2.04 for the year ended on December 31, 2018 as against Tk 3.71 (restated), Tk 22.74 and Tk 3.72 respectively for the same period of the previous year.

AB Bank: The board of directors has recommended No dividend for the year ended on December 31, 2018.

The AGM will be held on June 26. The record date is on May 29.

The bank has also reported consolidated EPS of Tk 0.06, Consolidated NAV per share of Tk 31.51 and Consolidated NOCFPS of negative Tk 9.11 for the year ended on December 31, 2018 as against Tk 0.05, Tk 31.65 and negative Tk 12.22 respectively for the same period of the previous year.

ICB Islamic Bank: The board of directors has recommended No Dividend for the year ended on December 31, 2018.

The AGM will be held on July 07. The record date is on May 26.

The bank has also reported EPS of negative Tk 0.73, NAV per share of negative Tk 16.47 and NOCFPS of negative Tk 0.24 for the year ended on December 31, 2018 as against negative Tk 0.61, negative Tk 15.72 and Tk 0.32 respectively for the same period of the previous year.

There will be no price limit on the trading of the shares of these banks today (Thursday) following theirs corporate declarations.

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