DividendMERCANBANK

MERCANBANK 5% Stock Dividend

Published
Last verified by BullBD

Announcement summary

What happened
MERCANBANK published a dividend disclosure.
Dividend type
Stock
Dividend percentage
5%
Company
Mercantile Bank PLC.
Announcement published

Original announcement

Dividend Declaration (Additional Information): The Company has further informed that 1) The Company has declared 5% stock dividend for the year 2019 in order to strengthen Tire-1 capital base as per Basel III for the coming year. 2) The bonus shares has declared out of accumulated profit. (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400572fe
Original publication
Last verified by BullBD
Translation
BullBD
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