First Security Bank declares 10% dividend

First Security Islami Bank Limited has recommended 5 percent cash and 5 percent stock dividends 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 15, 2022, on digital platform, said the company in a filing with the Dhaka Stock Exchange on Thursday.

The company has reported EPS of Tk 3.36 and consolidated NAV per share of Tk 20.42 during the period.

The record date for the distribution of the declared dividend among the shareholders has been fixed as May 19, 2022.

There will be no price limit on the trading of the shares of the Company today (April 21) following its corporate declaration.