Two cos, 15 mutual funds recommend dividends in last week
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Dhaka, Bangladesh, Aug. 12 -- Two companies and 15 mutual funds have recommended dividends in last week.
The companies and mutual funds have recommended dividends ranging between 4.0 per cent and 130 per cent, according to companies statements.
Of the companies, the United Power Generation & Distribution Company has recommended 130 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2019. The company disbursed 90 per cent cash dividend in the previous year.
For the fiscal year 2018-19, Fareast Islami Life Insurance Company recommended 20 per cent cash dividend against 25 per cent cash dividend disbursed in the previous year.
The trustee committee of the CAPM BDBL Mutual Fund 01 has recommended 5.0 per cent cash...
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