The board of directors of two more listed companies - Meghna Life Insurance and Bangladesh Finance & Investment Company have recommended for the year ended on December 31, 2019.
Meghna Life Insurance: The board of directors of Meghna Life Insurance has recommended 20 per cent cash dividend for the year ended on December 31, 2019.
The final approval of the dividend will come during the annual general meeting scheduled to be held on October 22 at 11:00am through digital platform.
The record date is September 21.
There will be no price limit on the trading of the shares of the company today following its corporate declaration; however, as per the BSEC Order dated March 19, 2020, the floor price shall be applicable accordingly.
Each share of the life insurer, which was listed on the Dhaka Stock Exchange in 2005, closed at Tk 56.10 on Monday.
Bangladesh Finance: The board of directors of Bangladesh Finance and Investment Company has recommended 12 per cent cash dividend for the year ended on December 31, 2019.
The annual general meeting will be held on December 10 at 11:00am through digital platform.
The record date is October 8.
The company has also reported consolidated earnings per share (EPS) of Tk 1.12, consolidated net asset value (NAV) per share of Tk 16.37 and consolidated net operating cash flow per share (NOCFPS) of Tk 0.97 for the year ended on December 31, 2019 as against Tk. 1.68 (restated), Tk. 15.25 and Tk. 1.64, respectively for the same period of the previous year.
There will be no price limit on the trading of the shares of the company today following its corporate declaration; however, as per the BSEC Order dated March 19, 2020, the floor price shall be applicable accordingly.
Each share of the company, which was listed on the DSE in 2007, closed at Tk 12.70 on Monday.