NCC Bank shares flying as it declares record dividend
During the opening session till 10:50 am, its share price jumped by 12.59% to Tk16.10.
National Credit and Commerce (NCC) Bank shares jumped in the opening session as it recommended record cash dividend to its shareholders for the year of 2025.
During the opening session till 10:50 am, its share price jumped by 12.59% to Tk16.10.
According to its price sensitive statement filed on the Dhaka bourse, the bank recommended a 17% cash and 4% stock dividend for 2025.
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According to the company, the declared cash dividend is become highest so far in its listing history.
To approve the dividend and audited financial statements, the bank has scheduled the annual general meeting date for 24 June and the record date for 21 May.
In the last year, its consolidated earnings per share of Tk4.29, which was Tk3.94 a year ago.
