Pubali Bank declared 25 percent dividend – 2024-04-22 05:37:25

by times news cr

2024-04-22 05:37:25

The board of directors of Pubali Bank Plc, a listed company in the banking sector of the capital market, has declared 25 percent dividend to the shareholders. This includes 12.50 percent cash dividend and 12.50 percent bonus dividend.

The board of directors of the company has decided to pay this dividend to the shareholders after reviewing the audited financial report for the financial year ended December 31, 2023. As a result, shareholders will get a cash dividend of 1.25 taka against every 10 taka worth of shares.

On Sunday (April 21), this information was revealed on the website of Dhaka and Chittagong Stock Exchange (DSE-CSE).

The Annual General Meeting (AGM) of the company will be held on June 5 to approve the declared dividend to the shareholders. For this, the record date has been fixed on May 12.

The consolidated earnings per share (EPS) of the company for the year ended was Rs.6.76. The company’s profit per share was Rs 5.49 in the corresponding period of the previous financial year.

Consolidated net operating cash flow per share (NOCFPS) of the company for the financial year under review stood at Rs 2.88. During the corresponding period of the previous financial year, the company’s debt NOCFPA was Rs.3.

The company’s consolidated net asset value per share (NAVPS) stood at Rs 64.33 during the reporting period. In view of this corporate announcement, there will be no price limit for trading of the company’s shares on Sunday.

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