Monday, 7 February 2011

NBL recommends 95pc stock dividend

National Bank Limited has recommended 95 percent stock dividend for its shareholders for 2010.

NBL earned Tk 15.55 per share, a meeting of its board was told on Monday, according to DSE website.The net asset value per share of the bank for the year stood at Tk 43.30, while the net operating cash flow per share at Tk 12.77, it said. The record date for the dividend is Feb 23 and the bank will hold its annual general meeting at the Bangabandhu International Conference Centre on Mar 15. There will be no circuit breaker for the NBL share price of Tuesday.

With the closing of Monday's trading at the Dhaka Stock Exchange, NBL shares registered 1.1 percent fall, which stand at Tk 168.1 per share.

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