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29 March 2024


Business Insider Bangladesh

Islamic Finance declares 10.50% cash dividend

BI Report || BusinessInsider

Published: 11:03, 9 May 2022  
Islamic Finance declares 10.50% cash dividend

Islamic Finance and Investment logo.

Islamic Finance and Investment Limited has recommended 10.50 percent cash dividend for its shareholders for the year ended on December 31, 2021.

The dividend payout was recommended at the company’s board of directors meeting.

However, final approval regarding the dividends will come during the Annual General Meeting (AGM) scheduled for June 29, 2022, on digital platform, said the company in a filing with the Dhaka Stock Exchange on Monday.

The company has reported EPS of Tk 1.32 and consolidated NAV per share of Tk 15.31 during the period.

The record date for the distribution of the declared dividend among the shareholders has been fixed as May 31, 2022.

There will be no price limit on the trading of the shares of the Company today (May 9) following its corporate declaration.

Nagad
Walton