FE Online Report
The Board of Directors of Central Insurance Company has recommended 10 percent cash dividend for the year ended on December 31, 2015, said an official disclosure on Sunday. The final approval will come during the annual general meeting scheduled to be held on June 2 at 11:00am, the venue will be notified later on.
The record date is on April 26. The company has also reported earnings per share (EPS) of Tk 1.54, net asset value (NAV) per share of Tk 22.10 and net Operating cash flow per share of Tk 1.18 for the year ended on December 31, 2015 as against Tk 2.21, Tk 22.91 and Tk 1.89 respectively for the year ended on December 31, 2014. There will be no price limit on the trading of the shares of the company today (Sunday) following its corporate declaration. Thursday’s closing price of each Central Insurance share was Tk 15.9.
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