DividendCITYBANK
CITYBANK Dividend Disclosure
Announcement summary
- What happened
- CITYBANK published a dividend disclosure.
- Company
- City Bank PLC.
- Announcement published
Original announcement
(Continuation news of CITYBANK): The Company also informed that the Board of the bank has recommended 17.50% cash and 5% stock for the followings reasons: i) Complying with Bangladesh Bank's issued dividend policy for banks. ii) Maintaining minimum dilution of earnings and net assets value per share. And iii) Keeping bank's Capital of Risk Weighted Asset Ratio strong for future business growth. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b00004005405b
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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