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Prime Bank Limited has recommended a 17.50 per cent cash dividend to its shareholders for the year ended on December 31, 2021.
The dividend pay-out was recommended at a meeting of the company’s board of directors, it said in a filing with the Dhaka Stock Exchange (DSE) on Monday.
To approve the recommendation, the company will arrange a virtual annual general meeting on May 12 while the record date for the entitlement of shares has been set as April 19.
The bank reported earnings per share (EPS) of Tk 2.87, which was Tk 1.61 in the previous year. Its consolidated net asset value (NAV) per share was Tk 26.26 during the period.
Each share of the bank, which was listed on the Dhaka bourse in 2000, closed at Tk 22.80 on Monday.
Its paid-up capital is Tk 1,132 crore while the authorised capital is Tk 2500 crore.
