BD Finance approves 12pc dividend

Staff Correspondent

1 April, 2021 12:00 AM printer

BD Finance approves 12pc dividend

BD Finance Vice Chairman Iqbal U Ahmed presides over the company’s 22nd annual general meeting (AGM) through virtual platform on Wednesday.

BD Finance has approved 6 percent stock and 6 percent cash for the year ended on 31st December, 2020.

The announcement was made at the company’s 22nd annual general meeting (AGM) through virtual platform on Wednesday, said a press release.

BD Finance Vice Chairman Iqbal U Ahmed presided over the meeting.

The company’s consolidated earnings per share (EPS) stood at Tk 1.80 in 2020 against Tk 1.12 in 2019.

Net Profit after Tax increased by 65 percent where operating expenses decreased by 11.45 percent.

Non-performing loan (NPL) reduced to 3.22 percent from 4.84 percent in 2019.

The Net Asset Value (NAV) per share stood at Tk 17.86 against Tk 16.37 in 2019.

Capital Adequacy Ratio (CAR) of the company increased to 18.72 percent against 17.57 percent in 2019.

 


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