DividendDUTCHBANGL
DUTCHBANGL 15% Cash Dividend
Announcement summary
- What happened
- DUTCHBANGL published a dividend disclosure.
- Dividend type
- Cash
- Dividend percentage
- 15%
- Company
- Dutch-Bangla Bank PLC.
- Announcement published
Original announcement
The Company has further informed that reasons for declaration of stock dividend: i) The bonus shares has been declared to increase the paid-up capital of the Bank and also to comply with Bangladesh Bank DOS circular no. 01 dated February 07, 2021 regarding maximum limit of declaration of dividend is 30% out of which cash dividend is maximum 15%. The retained amount will be used to strengthen the capital is declared out of current year's profit. (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b0000400541a2
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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