Uttara Finance declares 20% dividend

The board of directors of Uttara Finance and Investments Ltd has recommended 15 per cent cash and 5 per cent stock dividend for the year ended on December 31, 2019.

The final approval will come at the annual general meeting (AGM) scheduled to be held at 11:30am on September 30 through a digital platform. The record date is September 15.

The company has reported consolidated earnings per share (EPS) of 9.45 taka, consolidated net asset value (NAV) per share of 62.45 taka and consolidated net operating cash flow per share (NOCFPS) of 2.73 taka for the year ended on December 31, 2019, as against 8.27 taka, 55 taka and 20.90 taka respectively for the same period the previous year.

sik/teb