AB Bank Dividend Declaration | the economy – 2024-05-04 20:38:52

by times news cr

2024-05-04 20:38:52

The board of directors of AB Bank Plc, a listed company in the bank sector of the capital market, has declared a 2 percent bonus dividend to the shareholders.

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 on December 31, 2023.

This information is known from company sources.

The annual general meeting (AGM) of the company will be held in hybrid mode at 10:30 a.m. on June 12, 2018, for approval of the declared dividend by the shareholders. For this, the record date has been fixed on May 26.

The consolidated earnings per share (EPS) of the company for the year ended was Rs.1.02. In the corresponding period of the previous financial year, the profit per share of the company was Rs.0.81.

Net operating cash flow per share (NOCFPS) of the company for the financial year under discussion was Tk 11.20. The company had a negative NOCFPA of Rs.(29.34) during the same period of the previous financial year.

Consolidated Net Asset Value per Share (NAVPS) of the company stood at Tk 29.58 during the reporting period. In view of this corporate announcement, there will be no price limit for share trading on Sunday (May 5).

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