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3 companies including Rupali Bank recommend dividend for 2010

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Reported by: UNBconnect
Reported on: Mar 23, 2011 08:20 pm
Reported in: Business
Dhaka, Mar 23 (UNB) - Three companies, including Rupali Bank, have recommended stock dividends for the year 2010.

The Board of Directors of Rupali Bank has recommended 10 percent stock dividend for the year ended on December 31, 2010, according to a posting on the DSE website today (Wednesday).

The date of annual general meeting (AGM) of the bank is set for May 19 while April 12 is the record date.

The Board of Directors of Union Capital Ltd has recommended 75 percent stock dividend for the year ended on December 31, 2010. The annual general meeting (AGM) of the company will be held on April 25 while the record date has been fixed as April 4.

Meanwhile, the Board of Directors of Reliance Insurance has recommended 35 percent stock dividend for the year ended on December 31, 2010. The annual general meeting (AGM) of the company will be held on April 30 while the record date has been fixed as March 30.