DividendMERCANBANK

MERCANBANK Dividend Disclosure

Published
Last verified by BullBD

Announcement summary

What happened
MERCANBANK published a dividend disclosure.
Company
Mercantile Bank PLC.
Announcement published

Original announcement

(Continuation news of MERCANBANK): strengthen Tier-I capital base as per Basel III for the coming year. ii) The Bonus Shares have been declared out of accumulated profit. iii) The Bonus Shares have not been declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post-dividend retained earnings become negative or a debit balance. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040054154
Original publication
Last verified by BullBD
Translation
BullBD
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