NCC Bank declares 16% dividends

NCC Bank Limited has recommended 12-percent cash and 4-percent stock dividends for its shareholders for the year ended on December 31, 2021.

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

However, final approval regarding the dividends will come during the company’s annual general meeting (AGM) scheduled for August 11, 2022, said the company in a press release.

The company reported EPS of Tk 2.46 and consolidated NAV per share of Tk 21.95 during the period.

The record date for the distribution of the declared dividend among the shareholders has been fixed for June 8, 2022.

There will be no price limit on the trading of the shares of the company on Sunday (April 24) following its corporate declaration.