SIBL declares 10% dividends

Social Islami Bank Limited has recommended 5 percent cash and 5 percent stock dividends to its shareholders for the year ended on December 31, 2020.

The dividend payout was recommended at the bank's board of directors meeting, said the company in a filing with the Dhaka Stock Exchange on Sunday.

However, the Annual General Meeting (AGM) is scheduled for July 6 on digital platform. The record date for the distribution of the declared dividend among the shareholders is June 1.

The company reported EPS of Tk1.67 and Net Asset Value (NAV) per share of Tk19.29 during the period.