DividendIPDC
IPDC Dividend Disclosure
Announcement summary
- What happened
- IPDC published a dividend disclosure.
- Company
- IPDC Finance PLC.
- Announcement published
Original announcement
(Continuation news of IPDC): dividend for the year 2019. ii) The proposed dividend declared for the year 2019 is 530,130,782 (stock and cash). The balance outstanding for Retained Earning as on December 31, 2019 amounted to Tk. 667,064,110 which is sufficient to cover the dividend payment for the year. Thus, no distribution out of share premium or any other reserve (such as share premium or revaluation reserve) is required. iii) the post dividend retained earnings will remain positive. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b0000400575d1
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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