Southeast Bank declares 12% dividend

Southeast Bank Limited has recommended 8-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 held on Thursday.

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

The company reported EPS of Tk 1.50 and consolidated NAV per share of Tk 25.22 during the period.

The record date for the distribution of the declared dividend among the shareholders has been fixed for June 12, 2022.