Dhaka, April 20 -- The shares of Mutual Trust Bank and Shahjalal Islami Bank both experienced declines yesterday following the announcement of dividends for their shareholders for 2023.
The banks also unveiled their financials for the last year on the websites of both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE).
After three years, Mutual Trust Bank PLC recommended cash dividends for its shareholders, declaring a 10% cash dividend for 2023.
Following the declaration, its share price fell by 1.33% to Tk14.80 each at the DSE.
In 2022, it paid a 10% stock dividend to its shareholders. According to the country's premier bourse, the bank recommended cash dividends after 2019.
In 2019, it paid 5% cash and 5% stock d...