NCC Bank declares 7.5% cash and 7.5% bonus dividend

NCC Bank has recommended 7.5 percent cash and 7.5 percent bonus dividend to its shareholders for the year ended on December 31, 2020.

The dividend payout was recommended at the bank's board of directors meeting. 

However, final approval regarding the dividend will come during the Annual General Meeting (AGM) scheduled for August 5 on digital platform, said the company in a filing with the Dhaka Stock Exchange on Tuesday.

The record date for the distribution of the declared dividend among the shareholders has been fixed as June 3.

The company reported earnings per share (EPS) of Tk2.36 and net asset value (NAV) per share of Tk22.15 during the period.