Remittance of dividend of two banks as BO and bank to shareholders – 2024-08-01 00:04:18

by times news cr

2024-08-01 00:04:18

The cash and bonus dividends declared by the two listed banks have been sent to the shareholders as Bank and BO. The dividend declared for the financial year ended 31 December 2023 has been remitted to the shareholders.

The two companies are First Security Islami Bank Plc and Bank Asia Plc. On Wednesday (July 31), Dhaka and Chittagong Stock Exchange (DSE) informed this information.

Bank Asia’s declared cash dividend is sent to shareholders or investors as banks through Bangladesh Electronic Funds Transfer Network (BEFTN) systems. Meanwhile the declared bonus dividend of First Security Islami Bank has been remitted as BBO.

After reviewing the financial report for the financial year ended December 31, 2023, the Board of Directors of First Security Islami Bank has declared 10 percent dividend to the shareholders. Out of this 5 percent cash and 5 percent bonus dividend.

Meanwhile, after reviewing the financial report for the financial year ended December 31, 2023, the Board of Directors of Bank Asia declared a 15 percent cash dividend to the shareholders.

The dividend declared is approved by the consent of the shareholders in the annual general meeting of the two companies.

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