Trust Bank declared 20 percent dividend – 2024-04-30 02:25:27

by times news cr

2024-04-30 02:25:27

The board of directors of Trust Bank Plc, a listed company in the banking sector of the capital market, has declared 20 percent dividend to the shareholders. Of this, 12 percent is cash and 8 percent is 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 on December 31, 2023.

As a result, shareholders will get a cash dividend of 1.20 taka against every 10 taka worth of shares. On Sunday (April 28), this information was revealed on the website of Dhaka and Chittagong Stock Exchange (DSE-CSE).

According to the information, the annual general meeting (AGM) of the company will be held on July 16 to approve the declared dividend to the shareholders. The record date for this has been fixed on May 29.

The consolidated earnings per share (EPS) of the company for the financial year ended was Rs.4.97. The company’s profit per share was Rs 3.41 in the same period of the previous financial year.

Consolidated Net Operating Cash Flow per Share (NOCFPS) of the company during the financial year under discussion was Tk 10.64. The company’s NOCFPA was Rs 5.18 during the same period in the previous financial year.

The company’s consolidated net asset value per share (NAVPS) stood at Tk 27.24 during the reporting period. In view of this corporate announcement, there will be no price limit for the trading of shares of the company on this day.

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