SIBL declares 10% dividend

Social 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 a meeting of the company’s board of directors held on Thursday.

However, final approval regarding the dividends will come during the annual general meeting (AGM) scheduled for July 6, 2022, said the company in a press release. 

The company reported EPS of Tk 1.78 and consolidated NAV per share of Tk 19.69 during the period.

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