Investment Corporation of Bangladesh (ICB) recommended 5 percent cash and 5 percent stock dividend for its shareholders for the year ended 30 June this year.
The recommendation came at the 585th board of directors meeting of ICB held on Wednesday in the capital, said a press release.The board has approved the financial statements of the corporation for the fiscal 2019-2020.
The ICB earned 56.49 crore net profit after tax for the year ended 30 June, 2020.
The board has recommended 5 percent cash dividend and 5 percent stock dividend for the year ended 30 June 2020.
The record date has been fixed on November 22, 2020 and the 44th Annual General Meeting of the corporation will be held on December 19, 2020 through virtual platform.